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Policy
Bank of Korea Nominee Advocates for Central Bank-Driven Digital Currency, Limited Stablecoin Role
The nominee to lead the Bank of Korea, Shin Hyun-song, has expressed his support for a central bank digital currency, suggesting that it, along with bank-issued deposit tokens, should be at the forefront of South Korea's digital money system. He believes stablecoins should play a secondary role, coexisting with central bank digital currencies and deposit tokens in a supplementary and competitive …
April 14, 2026, 10:01 a.m.
Policy
Nominee for Bank of Korea Governor Supports Central Bank Digital Currency, Limits Stablecoin Role
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April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Supports Central Bank-Led Digital Currency Initiative
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April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Driven Digital Currency, Limited Stablecoin Role
According to the nominee to lead the Bank of Korea, Shin Hyun-song, the country's digital money system should be centered around a central bank digital currency and bank-issued deposit tokens, with stablecoins playing a secondary role. He stated that he expects these digital currencies and deposit tokens to coexist with stablecoins in a supplementary and competitive manner. Shin expressed his sup…
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Backed Digital Currency, Limits Stablecoin Role
Shin Hyun-song, the nominee for the Bank of Korea's leadership, proposes a digital money system centered around central bank digital currencies and bank-issued deposit tokens, with stablecoins serving a secondary purpose. He stated that these currencies can coexist and complement each other, but emphasized the need for trust and strict regulations. Shin expressed support for introducing a won-bas…
April 14, 2026, 10:01 a.m.
Policy
South Korea's Bank of Korea Nominee Advocates for Central Bank-Led Digital Currency
The nominee to lead the Bank of Korea, Shin Hyun-song, has expressed his support for a central bank digital currency, suggesting that it should form the foundation of South Korea's digital monetary system, with stablecoins playing a secondary role. He noted that central bank digital currencies and deposit tokens can coexist with stablecoins in a complementary and competitive manner. Shin emphasiz…
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Supports Central Bank Digital Currency, Sees Limited Scope for Stablecoins
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April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Supports Central Bank Digital Currency, Limits Stablecoin Role
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April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Backed Digital Currency
The nominee to lead the Bank of Korea, Shin Hyun-song, has expressed his support for a central bank digital currency, suggesting that it should form the backbone of South Korea's digital monetary system, with stablecoins playing a secondary role. According to Shin, central bank digital currencies and deposit tokens can coexist with stablecoins in a supplementary and competitive manner. He has als…
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Driven Digital Currency, Limited Stablecoin Role
The nominee to lead the Bank of Korea, Shin Hyun-song, has outlined a vision for South Korea's digital currency system, with central bank digital currencies and deposit tokens at its core, supplemented by stablecoins in a secondary capacity. According to Yonhap, Shin stated that he expects central bank digital currencies and deposit tokens to coexist with stablecoins in a mutually supplementary a…
April 14, 2026, 10:01 a.m.