BUSINESSJul 9 · 09:19 UTCCOINTELEGRAPHCointelegraph by Ezra Reguerra

Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance

The Bank of Korea reiterated its support for bank-led won stablecoin issuance and is advancing deposit token pilots. However, progress is hindered by unresolved issuer rules in South Korea’s digital asset bill.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Bank of Koreaorganizationbank-led stablecointopicdeposit token pilotstopicissuer rulestopicdigital asset billtopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSMay 20 · 10:41 UTC
Bank of England outlines tokenization, stablecoin vision for UK finance
BUSINESSMay 13 · 15:57 UTC
Bank of England Treating Stablecoins as 'New Form of Money', Says Exec
BUSINESSApr 21 · 06:53 UTC
Bank of Korea’s new chief vows to push CBDC, deposit tokens; leaves out stablecoins
BUSINESSMay 11 · 16:06 UTC
American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins
TECHNOLOGYJun 10 · 14:33 UTC
Paradigm, Hyperliquid Policy Center Push Back on GENIUS Act Stablecoin AML Rule
BUSINESSApr 21 · 10:08 UTC
Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address