CryptoCointelegraphabout 1 hour ago
Bank of Korea pushes bank-led stablecoin rules
1 min read
The Bank of Korea reiterated that won-denominated stablecoins should be issued through bank-led consortiums. The central bank plans to advance deposit token pilots for government subsidy payments, vouchers, and EV charging. The policy standoff has delayed South Korea's Digital Asset Basic Act, with issuer rules remaining unresolved.
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