BITPRISMIA
The Bank of Korea's labor union has issued a warning about the risks associated with Korean won-pegged stablecoins, citing concerns over shadow banking, systemic financial instability, and operational vulnerabilities.
The Bank of Korea (BOK) expresses concerns about non-bank entities issuing stablecoins, warning of potential risks to the financial system, while also shifting focus from its CBDC project to stablecoin discussions.
The Bank of Korea warns about the risks of non-bank issued won stablecoins and emphasizes the importance of its central bank digital currency (CBDC) initiative, the Han River Project, for financial stability.
The Bank of Korea (BoK) has filed 44 trademark applications for its Central Bank Digital Currency (CBDC), including names like 'Digital Won' and 'KRDW', signaling active preparation for its future digital currency.
The Bank of Korea (BOK) has halted its Central Bank Digital Currency (CBDC) project due to a shift in focus towards stablecoin regulation, leaving participants without a long-term roadmap.
The content promotes Floppapepe ($FPPE), an AI meme token, encouraging investment before its value potentially increases.
The Bank of Korea (BOK) has suspended its central bank digital currency (CBDC) project, coinciding with the South Korean government's submission of a bill to support a won-based stablecoin market.