CryptoBearishThe Block · 2d ago7/10
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Bank of Korea’s new chief vows to push CBDC, deposit tokens; leaves out stablecoins
South Korea's new Bank of Korea Governor Shin Hyun-song has pledged to advance the central bank's CBDC and deposit token initiatives while notably excluding stablecoins from the agenda. Given Shin's previous opposition to stablecoins during his tenure at the Bank for International Settlements, this signals Seoul's preference for centralized digital currency solutions over decentralized alternatives.
