Bank Of Korea Warns Of Stablecoins From Non-Bank Entities, Claims Risk Of Market Confusion

The Bank of Korea’s Governor has warned about the issuance of stablecoins by non-bank entities, arguing that these digital assets could confuse monetary policies and foreign exchange regulations. Related Reading: Industry Coalition Urges House Of Representatives To Support CLARITY Act Ahead Of ‘Crypto Week’ BOK Concerned About Non-Bank Stablecoins At a Thursday press conference, Bank […]