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South Korea’s Central Bank Advocates Gradual Stablecoin Rollout, Prioritizing Banks

South Korea’s Central Bank Advocates Gradual Stablecoin Rollout, Prioritizing Banks

Published:
2025-06-25 15:05:01
20
2
BTCCSquare news:

Bank of Korea Governor Ryoo Sangdai emphasized a cautious approach to stablecoin issuance, stating that banks should lead the process. The central bank's stance reflects growing regulatory scrutiny over digital assets in South Korea.

Stablecoins remain a focal point for global regulators seeking to balance innovation with financial stability. South Korea's position aligns with broader trends of institutional involvement in cryptocurrency markets.

|Square

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