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The Block • Jul 10, 2025
Bank of Korea governor warns of ‘currency chaos’ from non-bank issuance of KRW stablecoins
The Bank of Korea governor highlighted potential risks to monetary stability and exchange rate management if entities outside traditional banking are allowed to issue South Korean...
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The Block • Jun 30, 2025
Bank of Korea pauses CBDC project as local stablecoin adoption picks up speed: report
The Bank of Korea's decision to halt its digital currency initiative reflects a strategic response to the increasing use and regulatory developments surrounding stablecoins within...
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The Block • Jun 18, 2025
Bank of Korea warns local stablecoins could boost dollar demand against presidential goals
The Bank of Korea highlights potential increases in foreign currency demand due to local stablecoins, which may challenge efforts to strengthen the domestic currency and retain cap...
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