According to Odaily Planet Daily, the Bank of Korea stressed that if a stablecoin backed by the Korean won is launched, the central bank should intervene from the initial approval stage. Ko Kyeong-cheol, head of the electronic finance team of the Bank of Korea, pointed out at the Financial Law Conference that stablecoins may have a significant impact on the central bank's monetary policy, financial stability, and payment and settlement policies. He emphasized that the central bank should play a role in the approval process to minimize the negative impact that digital assets may have on the central bank's policy goals.