Regulation · South Korea

Bank of Korea Views Bank-Led Stablecoins as Second-Best

· Source: bloomingbit

The Bank of Korea indicates that bank-led stablecoin issuance serves as a second-best option to reduce regulatory conflicts.

The Bank of Korea has noted that issuing stablecoins led by traditional banks represents a secondary approach for minimizing potential regulatory conflicts.

Original report: bloomingbit ↗

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