7-Eleven now accepts CBDC in South Korea as part of a national pilot involving major banks and retailers until June 2025.
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South Korea’s Bank of Korea will launch a CBDC pilot in April 2025, involving 100,000 users and major banks to test digital payments.
Following Trump’s crypto-friendly stance and softened SEC fight, Ripple revamped its website visuals, removing the CBDC focus and highlighting investments. Instead of highlighting new customers, Ripple now focuses on investments…
Scott Bessent’s confirmation as Treasury Secretary, with a 68-29 Senate vote, marks a leadership shift focused on fiscal and digital asset policies. Bessent rejects a U.S. central bank digital currency…
Donald Trump cancels CBDC in favor of USD-backed stablecoins, promoting privacy, financial freedom, and a competitive digital finance ecosystem.
Treasury Secretary nominee Scott Bessent strongly opposed U.S. digital dollars at a Senate hearing and backed Trump’s anti-CBDC stance. The U.S. may stop studying digital currency plans while other countries…
Fed Chairman Jerome Powell says a digital dollar would undercut other digital assets He also acknowledged the need to better regulate stablecoins to prevent ‘fragmentation’ in the payments system Federal…