Bootstrap Gallery
  1. Home
  2. Policy
Latest Policy News 🔥
Policy
Bank of Korea Nominee Advocates for Central Bank-Led Digital Currency, Limited Stablecoin Role
The nominee to lead the Bank of Korea, Shin Hyun-song, has proposed that 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 noted that these two should coexist and compete with stablecoins in a supplementary manner. Shin expressed support for introducing a won-based stablecoin, …
April 14, 2026, 10:01 a.m.
Policy
South Korea's 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, highlighting the need for robust anti-money laundering and compliance controls. He believes that central bank digital currencies and bank-issued deposit tokens should be the foundation of South Korea's digital money system, with stablecoins playing a secondary role. According to S…
April 14, 2026, 10:01 a.m.
Policy
South Korea's Central Bank Nominee Advocates for Digital Currency Led by the Bank
The nominee to head the Bank of Korea, Shin Hyun-song, has expressed his support for a central bank digital currency, suggesting that it and bank-issued deposit tokens should be at the forefront of South Korea's digital monetary system, with stablecoins playing a more limited role. According to Yonhap, he stated that he anticipates these digital currencies and deposit tokens to coexist with stabl…
April 14, 2026, 10:01 a.m.
Policy
Nominee for Bank of Korea Governor Supports Central Bank-Led Digital Currency
The nominee for the Bank of Korea's governorship, Shin Hyun-song, has expressed his support for a digital currency system led by the central bank, with bank-issued deposit tokens and central bank digital currencies forming the foundation, while stablecoins play a secondary role. According to Yonhap, Shin stated that he expects these currencies to coexist and compete with stablecoins in a suppleme…
April 14, 2026, 10:01 a.m.
Policy
South Korea's Central Bank Nominee Advocates for Digital Currency Led by the Bank
The nominee to head the Bank of Korea, Shin Hyun-song, has expressed his support for a central bank digital currency (CBDC) and deposit tokens issued by banks, suggesting that these should be the foundation of South Korea's digital monetary system, with stablecoins playing a secondary role. According to Yonhap, Shin stated that he expects CBDCs and deposit tokens to coexist with stablecoins in a …
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Backed Digital Currency, Limited Stablecoin Role
According to Shin Hyun-song, the Bank of Korea's nominee, the country's digital monetary system should be centered around a central bank digital currency and bank-issued deposit tokens, with stablecoins playing a supporting role. He stated that central bank digital currencies and deposit tokens can coexist with stablecoins in a complementary and competitive manner. Shin expressed support for intr…
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Supports Central Bank-Led Digital Currency Development
The Bank of Korea's nominee, Shin Hyun-song, has expressed support for a central bank digital currency, suggesting that it and bank-issued deposit tokens should be the foundation of South Korea's digital currency system. According to Shin, stablecoins can coexist with these currencies in a supplementary and competitive manner. He noted that trust in the currency is essential, particularly for a w…
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Advocates for Central Bank-Backed Digital Currency, Limited Stablecoin Role
The nominee for the Bank of Korea's leadership, Shin Hyun-song, has expressed support for a digital currency framework led by the central bank, suggesting that bank-issued deposit tokens and central bank digital currencies should form the foundation of South Korea's digital monetary system, with stablecoins playing a secondary role. According to Yonhap, Shin stated that he anticipates these curre…
April 14, 2026, 10:01 a.m.
Policy
Bank of Korea Nominee Endorses Central Bank Digital Currency, Sees Limited Scope for Stablecoins
The Bank of Korea's nominee, Shin Hyun-song, has outlined his vision for South Korea's digital currency system, with central bank digital currencies and bank-issued deposit tokens at its core, and stablecoins playing a secondary role. According to Shin, these two can coexist in a supplementary and competitive manner. He submitted written remarks to parliament, stating that while he supports the i…
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-led digital currency model, suggesting that it should form the foundation of South Korea's digital monetary system, with stablecoins playing a secondary, supplementary role. In his written remarks submitted to parliament, Shin noted that while he supports the introduction of a won-based stablecoin,…
April 14, 2026, 10:01 a.m.