Group 1 - The introduction of a Korean won-denominated stablecoin should be gradual, starting with the issuance by the most regulated commercial banks before allowing non-bank institutions [1][2] - The Bank of Korea is concerned about the potential impact of stablecoins on monetary policy and payment systems, emphasizing the need for robust safety mechanisms to protect user rights and prevent market volatility [2] - The current government, led by President Lee Jae-myung, is accelerating legislative processes to allow businesses to issue won stablecoins, aiming to establish a solid regulatory framework [2][3] Group 2 - The Bank of Korea is currently in a monetary easing cycle, with recent interest rate cuts bringing the policy rate to the midpoint of the neutral range, amid rising housing prices and household debt concerns [3] - The first round of pilot testing for the central bank digital currency (CBDC) is set to conclude next week, as part of a joint project with the Bank for International Settlements, with plans for a second round of testing in collaboration with major commercial banks [3] - The Korean government is also working on internationalizing the local currency market, having extended trading hours and relaxed entry conditions for foreign investors over the past year [3]
韩国央行副行长:希望逐步引入稳定币,最好先在银行试行
Hua Er Jie Jian Wen·2025-06-24 08:08