Hey crypto enthusiasts! The world of stablecoins has seen explosive growth recently, with the market value doubling since 2023 to a staggering $255 billion. This rapid expansion, however, hasn’t gone unnoticed by traditional financial watchdogs. The Bank for International Settlements (BIS), often referred to as the central bank of central banks, has just issued a […]
For anyone following the evolving landscape of digital finance, particularly in active markets like South Korea, news regarding regulatory frameworks is always a hot topic. The stability and utility of digital assets, especially stablecoins, are central to their potential widespread adoption. Against this backdrop, the latest comments from the Bank of Korea (BOK) Governor, Rhee […]
The world of finance is constantly evolving, and now, even central banks are looking to cutting-edge technology. Project Pine, a joint effort between the New York Fed and the Bank for International Settlements (BIS), is exploring how smart contracts and tokenization could fundamentally change how central banks execute monetary policy. This isn’t just academic; initial […]
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