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BIS to launch stablecoin monitoring project and up focus on CBDC experiments

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The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets.

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Coin Market

Bitcoin risks losing $70K as Strategy’s STRC slips below $100

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STRC’s dropped below its $100 par value, indicating that Strategy will likely pause Bitcoin buying this week, which could help the bears pull price down to $70,000.

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Bank of Korea governor backs CBDCs, deposit tokens in first address

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New Bank of Korea governor Shin Hyun-song supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks.

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Coin Market

Bank of Korea governor backs CBDCs, deposit tokens in first address

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New Bank of Korea governor Shin Hyun-song supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks.

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