Nations around the world are at differing stages of evaluating or establishing centralized bank digital currencies (CBDCs).
In today’s Crypto for Advisors newsletter, we look to the East, as Dr Sangmin Seo, chairman, Kaia DLT Foundation, compares and contrasts South Korea’s closed and controlled CBDC strategy to Japan’s open framework.
Then, Patrick Murphy from Eightcap answers questions about how these changes will impact investors in Ask an Expert.
– Sarah Morton
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What Are the Approaches of South Korea and Japan Towards Stablecoins
After the passage of the GENIUS Act in the U.S., stablecoin projects, implementations and regulations are now a major subject of discussion around the world. South Korea and Japan are both having high-level and advanced discussions currently about how those stablecoins should operate. And how the private sector and governments should interact in regulating stable
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