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Nalezeno "stablecoin": 3925

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...

Nigerian Social Payments Platform Bundle Ceases Crypto Exchange Operations


The Nigerian social payments platform Bundle said on July 20 it was shutting down its crypto exchange services business and will now focus on its peer-to-peer platform known as Cashlink. Bundle said users must withdraw or convert their digital assets to the stablecoin tether on or before Aug....

Terraform Labs Appoints New CEO While Co-Founder Remains in Jail 


Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleaguered blockchain project. Terraform Labs Finds...

SEC vs. Ripple: Huge win for crypto


On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypto market

Shinhan Bank and SCB TechX conclude stablecoin remittances on Hedera


Blockchain technology is gaining traction. Making this evident is the recent incident of Shinhan Bank and SCB TechX successfully completing the stablecoin remittance. The task was achieved on the Hedera Network, which is known for being an open-source public network. Specifically speaking, the task...

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:...

Aave Launches GHO Stablecoin on Ethereum Network


Aave, a prominent lending protocol within the decentralized finance (defi) sphere, has unveiled GHO, a new stablecoin, which is now live on the Ethereum network. Aave users can now mint the stablecoin asset by leveraging Aave version three (v3). Aave’s Dollar-Pegged GHO Token Goes Live...

FSB Releases Proposals For a Tougher Global Crypto Framework


The Financial Stability Board (FSB) has called for improved global digital asset regulation with the safety of user assets at the center of policies. The international financial body which acts as a standard-setter rolled out plans to proffer recommendations to help curb the crypto-related...

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