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໓໐tΞԵɧ 🎭 Ⓜ️ ♾️
@0xdoteth
South Korea halts CBDC project as regulators prioritize won-backed stablecoin rollout. South Korea’s central bank digital currency project has been put on hold as the regulators turn their attention to fast-tracking the issuance of won-backed stablecoins. According to a Bloomberg report citing an unnamed Bank of Korea official, the central bank has suspended plans for the second phase of its CBDC pilot, which had been scheduled for the fourth quarter of 2025.
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