South Korea Pauses CBDC Plans as Stablecoins Gain Ground

🇰🇷

The increase in market penetration and the adoption of Stablecoins have put a shutters on the plans of the South Korean CBDC. The country has applied brakes in its CBDC trial program which was underway since April this year in the wake of Stablecoin rebirth in the midst of political support. The Bank of Korea … Read more

Trump Shelved CBDCs for Stablecoins: But Kyrgyzstan CBDC Is Next Phase of Splinternet

Trump Shelved CBDCs for Stablecoins: But Kyrgyzstan CBDC Is Next Phase of Splinternet

Kyrgyzstan enters the world of CBDCs (digital currencies supported by the Central Bank) with the approval of President Sader Gabarov, “SOM Digital”, for wide use. With their competitors such as Russia and belarus, who are close to finishing CBDCs, the race to digitizing national currencies is running. Humanity for us while we are on a … Read more

CBDC Growth On The Backfoot: Will Centralized Digital Currencies Replace Crypto?

CBDC Growth On The Backfoot: Will Centralized Digital Currencies Replace Crypto?

Although 134 countries are now exploring the Central Bank’s digital currencies (CBDCS). This is 46 countries more than this time last year. Like or not, the Central Bank of the Central Bank (CBDCS) is on the correct path of control. Their rise will not shake traditional money – it can reshape the future currencies like … Read more

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

Today, the president of the United States Donald Trump has signed an executive order (EO) relating to Bitcoin and cryptocurrency, entitled “strengthening American leadership in digital financial technology”. This EO has officially prohibited the creation and issue of a digital currency of the Central Bank (CBDC) in the United States, defining a CBDC as “a … Read more