Trump’s offer to make the “American cryptographic capital”: is South Korea ready?

National Bitcoin reserves to the abolition of the CBDC, unlocking Trump’s crypto promises and their implications for Korea This file image shows Donald Trump speaking during the Bitcoin 2024 conference in Nashville, Tennessee, July 27, 2024. (Reuters-Yonhap) Four days after his second term, US President Donald Trump published a decree on January 23 to promote…

Read More

South Korea stops the CBDC plans, focusing on the stablescoins led by banks

Local reports Indicate that the Central Bank of South Korea has suspended its Central Bank (CBDC) digital currency pilot program, swiveling the country’s attention in terms of focusing the nation towards a private stablecoin initiative. The Bank of Korea (Bok) interrupted its “Han River project”, following the growing pressure of commercial banking partners who cited…

Read More