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South Korea’s Hana Bank to Work on CBDC and Stablecoin Alternatives


South Korea’s KEB Hana Bank is set to work with the central Bank of Korea (BOK) on the latter’s CBDC pilot and stablecoin alternatives, such as tokenized deposits. Per the newspaper Maeil Kyungjae, Hana Bank is now “actively participating” in the BOK’s ongoing CBDC Proof of Concept project. The...

‘Historic’ BRICS Summit to Be Held Without Putin in Person


Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing that Putin will join the event via video link. Putin...

South Park Crypto Presale Launching Soon: Will it Pump Like Mr Hankey Coin?


In a market teeming with meme coins and celebrity-endorsed tokens, a unique and audacious contender is stirring up a storm, meet Burn Kenny Coin ($KENNY), an inventive and community-driven meme token, here to shake things up. Crafted within the vibrant ecosystem of the Ethereum network, $KENNY...

Hedera Network Powers Shinhan Bank's Successful Test of Stablecoin Payments


The South Korean commercial banking giant Shinhan Bank completed an EMV-compatible feasibility test for stablecoin remittance payments on the Hedera network.  According to the press release, the pilot included SCB TechX, Siam Commercial Bank's technology innovation business unit.... Read More:...

BRICS Leaders to Talk Expansion at August Summit, Host Confirms


The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to membership. Nearly 20 Nations Aspire for BRICS...

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