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Policy
Bank of Korea Nominee Endorses Central Bank-Driven Digital Currency, Limits Stablecoin Potential
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April 14, 2026, 10:01 a.m.
Policy
South Korea's Central Bank Nominee Advocates for State-Led Digital Currency Over Stablecoins
The nominee to lead the Bank of Korea, Shin Hyun-song, has voiced his support for a central bank digital currency, suggesting that it should form the backbone of South Korea's digital money system, with stablecoins playing a supplementary role. In his written remarks, Shin expressed his expectation that central bank digital currencies and deposit tokens can coexist with stablecoins in a competitiā€¦
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Driven Digital Currency, Limited Stablecoin Involvement
According to Shin Hyun-song, the nominee to lead the Bank of Korea, the country's digital monetary system should be centered around a central bank digital currency and bank-issued deposit tokens, with stablecoins playing a secondary role. He envisions these digital currencies coexisting in a competitive and supplementary manner. In his written remarks to parliament, Shin voiced his support for inā€¦
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Backed 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 and bank-issued deposit tokens as the foundation of South Korea's digital money system. He views stablecoins as playing a supplementary and competitive role to these core components. In his written remarks submitted to parliament, Shin emphasized the need for trust in the currency ā€¦
April 14, 2026, 10:01 a.m.
Policy
Korean Central Bank Nominee Endorses Digital Currency, Sees Limited Scope for Stablecoins
None
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Favors Central Bank-Led Digital Currency Over Stablecoins
Shin Hyun-song, the Bank of Korea's nominee, proposed that the country's digital monetary system should be centered around a central bank digital currency and bank-issued deposit tokens, with stablecoins playing a secondary, supplementary role. According to Yonhap, he stated that these two forms of digital currency can coexist with stablecoins in a competitive and complementary manner. In his wriā€¦
April 14, 2026, 10:01 a.m.
Policy
Korean Central Bank Nominee Supports Digital Currency Led by Central Banks, Limits Stablecoin Involvement
None
April 14, 2026, 10:01 a.m.
Policy
Nominee for Bank of Korea Supports Central Bank-Driven Digital Currency, Envisions Limited Scope for Stablecoins
None
April 14, 2026, 10:01 a.m.
Policy
South Korea's Bank of Korea Nominee Advocates for Central Bank-Driven Digital Currency
The nominee for the Bank of Korea, Shin Hyun-song, has expressed his support for a central bank digital currency, suggesting that it should be the foundation of South Korea's digital monetary system, with stablecoins serving a secondary purpose. In his written remarks to parliament, Shin stated that he envisions a system where central bank digital currencies and deposit tokens coexist with stableā€¦
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 proposed that a central bank digital currency and bank-issued deposit tokens should form the foundation of South Korea's digital monetary system, with stablecoins serving a secondary purpose. According to Yonhap, Shin stated that he anticipates central bank digital currencies and deposit tokens will coexist with stablecoins in a supplemenā€¦
April 14, 2026, 10:01 a.m.