Finance
Bank of Korea Pauses CBDC Initiative Amid New Stablecoin Bill Submission
The Bank of Korea has halted its central bank digital currency project, coinciding with the government's new proposal allowing companies to issue stablecoins.
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The Bank of Korea has halted its central bank digital currency project, coinciding with the government's new proposal allowing companies to issue stablecoins.
Customers at 7-Eleven in South Korea can now use the Bank of Korea's digital currency with incentives to promote usage.
The Bank of Korea expresses concerns over Bitcoin's volatility and its compliance with IMF standards for foreign exchange reserves.
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