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South Korea’s Central Bank Pushes for Cautious Stablecoin Adoption – Here’s Why
South Korea’s Central Bank Pushes for Cautious Stablecoin Adoption – Here’s Why
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Seoul takes the brakes off crypto innovation—but won’t hit the gas just yet.
Regulators Tap the Tempo
The Bank of Korea wants gatekeepers watching every algorithmic dollar-pegged token like hawks. No surprise—they remember Terra’s $40B meltdown.
Sandbox Before Sprint
Pilot programs first, mass adoption later. Banks and fintechs must prove reserves actually exist this time (revolutionary concept, we know).
The Finance Jab
Because nothing says 'stable' like bureaucrats and bankers suddenly caring about consumer protection—right after their own regulatory naps caused the last crisis.
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