Search results for government bonds
Crypto
XRP Ledger used for tokenised government bond settlement in South Korea
Ripple\'s XRP Ledger (XRPL) has been used in South Korea to settle tokenised government bonds. Ripple worked with Kyobo Life Insurance to apply XRPL across issuance, settlement and custody of the bonds. The case aligns with Ripple CEO Brad Garlinghouse\'s recent push for onchain bond settlement and his criticism of slow, inefficient traditional systems. Market participants say the approach is already being implemented in part, including an April transaction in South Korea.
Crypto
Bank of England reconsiders reserve rules for pound stablecoins
The Bank of England is re-examining holding limits and reserve requirements it planned to apply to pound-denominated stablecoins. It is weighing whether to keep temporary caps on how much individuals and companies can hold and whether requiring at least 40 percent of reserve assets to sit as non-interest-bearing deposits at the central bank is too conservative. The review follows industry concerns that the rules would be hard to supervise and would hurt profitability.
Crypto
Global stablecoin push puts pressure on South Korea to move fast on won framework
As stablecoins emerge as a core element of digital currency sovereignty, debate in South Korea is intensifying over a basic digital asset law to cover issuance, distribution, disclosures, stablecoins and business rules. Talks have slowed as the government bill is delayed and political schedules complicate timing. Key disputes include whether banks should dominate issuance, how strict reserve asset requirements should be, and whether oversight should sit with the Financial Services Commission or the Bank of Korea. Exchange governance rules may also be included.
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Crypto
Ethereum-based tokenised U.S. Treasury market tops $8 billion
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Finance
IBM says financial order to change by 2030 as tokenised assets, stablecoins and CBDCs move into mainstream
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Crypto
Bitcoin holds above $81,000 amid derivatives stall; will rally continue?
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Crypto
Coinbase lists pound-pegged stablecoin tGBP, expands UK push
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Finance
Foreigners net sell 43.5 trillion won in stocks in March, withdraw 10.9 trillion won from bonds
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Crypto
Tether expands bitcoin reserves, maintains 15 percent of quarterly net profit buying policy
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Finance
Hwang Seong-yeop, Korea Financial Investment Association chief, says golden time to level up capital markets
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Finance
BNK Financial introduces banks\' first mobile bond trading service for retirement pensions
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Crypto
RBA draws line between stablecoins and deposit tokens in tokenisation
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Crypto
Bitcoin no longer faces major crashes, \'a completely different institution-led market\'
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Crypto
Bitcoin at $1 million: Exaggeration or future? Experts cite key variable
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Industry
Democratic Party, government to submit \'Middle East shock\' supplementary budget by end-March; to release strategic oil stocks
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Industry
China formalises 2030 semiconductor self-reliance strategy; Korean firms face benefits and threats
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Finance
Mirae Asset Securities to hold March subscription for government bonds for individual investors
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Finance
South Korea\'s forex reserves rise $1.72 billion in February on foreign exchange stabilisation bonds