The Bank of Korea's Project Hangang CBDC pilot has been suspended after commercial banks collectively rejected further participation. Here's what happened and why it matters:
💰 Why Banks Said NO:
🔄 The Pivot:
🎯 What This Means:
💡 Key Insight: This isn't a failure but a strategic realignment showing that successful digital currency adoption may require balancing public monetary policy goals with private sector commercial interests.
The Korean model could become a blueprint for other nations facing similar resistance from traditional financial institutions.
Read the full analysis: 👇 https://blog.jucoin.com/south-korea-cbdc-project-why-it-was-paused/?utm_source=blog
#SouthKorea #CBDC #Stablecoins


JU Blog
2025-08-07 10:30
South Korea CBDC Project PAUSED: Banks Choose Stablecoins Over State Digital Currency!
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The Bank of Korea's Project Hangang CBDC pilot has been suspended after commercial banks collectively rejected further participation. Here's what happened and why it matters:
💰 Why Banks Said NO:
🔄 The Pivot:
🎯 What This Means:
💡 Key Insight: This isn't a failure but a strategic realignment showing that successful digital currency adoption may require balancing public monetary policy goals with private sector commercial interests.
The Korean model could become a blueprint for other nations facing similar resistance from traditional financial institutions.
Read the full analysis: 👇 https://blog.jucoin.com/south-korea-cbdc-project-why-it-was-paused/?utm_source=blog
#SouthKorea #CBDC #Stablecoins