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Bank of Korea Chief Summons Banking Elite as Stablecoin Tensions Escalate

Bank of Korea Chief Summons Banking Elite as Stablecoin Tensions Escalate

Author:
decryptCO
Published:
2025-06-11 04:14:18
20
2

Bank of Korea Governor to Meet Bank Chiefs as Stablecoin Debate Heats Up

South Korea''s financial heavyweights brace for a high-stakes showdown—because nothing says ''innovation'' like regulators playing catch-up with decentralized finance.

Governor''s closed-door meeting signals panic mode as private stablecoins threaten to outflank bureaucratic gatekeepers. Watch for veiled threats dressed as ''constructive dialogue.''

Bonus jab: If history repeats, banks will ''adopt blockchain'' by 2030—right after killing every competitive advantage it offers.

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