South Korea’s new Bank of Korea Governor Shin Hyun-song used his April 21 inaugural address to plant a firm stake in the …
CBDC
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Finance
Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address
by shayaanby shayaanBank of Korea Governor Shin Hyun-song used his first address in office to prioritize central bank digital currencies (CBDCs) and bank-issued deposit …
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Hyun Song Shin spent 12 years at the Bank for International Settlements, shaping how central banks think about digital money. On March …
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Finance
Bank of Korea Governor Nominee Sparks Crucial Debate Over Stablecoin Regulations and CBDC Future
by shayaanby shayaanSEOUL, South Korea – March 2025: The nomination of Shin Hyun-song as the next Bank of Korea governor has ignited significant discussion …
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Regulation
The Senate just moved to block a CBDC through 2030, and only 6 senators voted no
by shayaanby shayaanWashington has spent years talking about a US CBDC as a distant possibility. It was an abstract policy idea, safely contained inside …
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Regulation
US lawmakers warn temporary CBDC ban isn’t enough, demand ‘permanent’ block
by shayaanby shayaanA group of US lawmakers is uniting to prevent the US central bank from ever issuing a Central Bank Digital Currency (CBDC), …
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Regulation
Why the GENIUS Act Could Unlock CBDC Surveillance Without Creating One
by shayaanby shayaanFor many, the passage of the GENIUS Act closed the doors on the creation of a Central Bank Digital Currency (CBDC). Stablecoins, …
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Regulation
Senate Advances Housing Bill With CBDC Ban, Draws White House Backing
by shayaanby shayaanThe U.S. Senate moved forward Monday on a sweeping bipartisan housing package that includes a provision barring the issuance of a central …
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The Senate Banking Committee’s bipartisan “ROAD to Housing Act” includes a provision banning the Fed from issuing a CBDC before 2031. www.coindesk.com
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In a significant move for global finance, Russia has announced a strategic pivot to deploy its central bank digital currency, the digital …