Bank of Korea Won't Issue Stablecoins: Here's Why

Bank of Korea won't issue stablecoins: Here's why

Bank of Korea Governor Hyun Song Shin says private firms should handle stablecoins while the central bank focuses on bank deposit tokens and payments.

Bank of Korea won’t issue stablecoins: Here’s why

Bank of Korea Governor Hyun Song Shin says private firms should handle stablecoins while the central bank focuses on bank deposit tokens and payments.

Bank of Korea Says Private Companies Should Run Stablecoin Businesses

Gov. Hyun Song Shin said the central bank will focus on maintaining order in the broader monetary ecosystem and will not directly participate in stablecoin-related businesses.