Bank of Korea Governor: Issuance of won-pegged stablecoins by non-bank institutions may lead to market disruption

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PANews, July 10 - According to Jinshi reports, Bank of Korea Governor Lee Chang-yong stated that the issuance of won-pegged stablecoins by non-bank institutions could lead to market disruption, and the indiscriminate allowance of won-based stablecoins might conflict with foreign exchange policies.

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