News with the tag "CBDC"

BitcoinWorld US Crypto Legislation: Crucial House Votes Set for Pivotal ‘Crypto Week’ Get ready, crypto enthusiasts! The U.S. House of Representatives is gearing up for a truly pivotal moment, dedicating the week of July 14 to what’s being dubbed ‘ Crypto Week ‘. This isn’t just another series of de...

The Bank of Korea (BOK) has reportedly halted its Central Bank Digital Currency (CBDC) project following the South Korean government’s focus on stablecoins. The shift has left project participants with “no long-term roadmap” and banks pivoting to this sector. BOK Suspends Second Phase Of CBDC Testin...

BitcoinWorld JPMorgan’s Startling $80 Circle Price Target: Navigating Stablecoin Challenges The cryptocurrency world is abuzz with the latest report from American multinational investment bank JPMorgan, which has set a striking JPMorgan Circle price target of $80 for Circle (CRCL) shares by December...

The Bank of Korea has reportedly suspended the second phase of its CBDC testing as the government shows increasing support for local currency stablecoins. According to a report by The Chosun Daily on Monday, the central bank informed participating banks that the next stage of its CBDC trials , initi...

The Bank of Korea (BOK) suspended its central bank digital currency project, Singaporean financial newspaper Business Times reported on Monday . The project had reached the stage of developing a pilot program with participating banks. The central bank told the banks it will pause discussions related...