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South Korea halts CBDC plans, shifting focus to bank-led stablecoins
Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s ...
Jul, 01, 2025
3 min read
by CryptoSlate

71% of Koreans Want to Buy More Crypto: Survey
About every 1 in 4 people in South Korea, aged 20-50, working predominantly white-collar jobs, own cryptocurrency.
Jun, 30, 2025
3 min read
by CryptoPotato

Bank of Korea Suspends Next Phase of Its CBDC Project
The Bank of Korea (BOK) has suspended its Central Bank Digital Currency (CBDC) project, with all involved entities already informed of the new deve...
Jun, 30, 2025
3 min read
by Coinspeaker

CBDC on Ice: Korean Banks Pivot to Won-Backed Stablecoins
High costs and political winds stall the digital won, while major lenders bet on regulated stablecoins for the future of payments.
Jun, 30, 2025
3 min read
by Coinpaper

President Lee Jae Myung continues to push won-backed stablecoins
South Korea’s central bank paused its central bank digital currency (CBDC) project after President Lee Jae Myung’s endorsement of private stablecoi...
Jun, 30, 2025
2 min read
by CryptoPolitan

South Korea Puts Brakes on CBDC Plans — Here’s What to Know
South Korea has paused its CBDC pilot’s next phase as stablecoins gain fresh political and market momentum.
The post South Korea Puts Brakes on CBD...
Jun, 30, 2025
2 min read
by Cryptonews

8 Korean Banks Just Made a Massive Move on Stablecoins, Here’s What’s Coming
Eight of South Korea’s leading banks have teamed up to launch a stablecoin pegged to the Korean won, marking a bold step toward digital asset adopt...
Jun, 25, 2025
2 min read
by Coinspeaker

South Korea’s biggest banks unite for won-backed stablecoin to reclaim monetary sovereignty
South Korea’s eight largest commercial banks have joined forces to launch a Korean-won-pegged stablecoin, forming the country’s first unified finan...
Jun, 25, 2025
3 min read
by CryptoSlate

Eight South Korean Banks Join to Establish Won-Backed Stablecoin, Plans Two Key Models
Eight commercial South Korean banks have joined to establish a won-linked stablecoin that comprises two initial models – trust-based and deposit-li...
Jun, 25, 2025
2 min read
by Cryptonews