【Governor of the Bank of Korea: The Korean Won stablecoin should be gradually introduced starting from banks】 Golden Finance reported that Lee Chang-yong, the Governor of the Bank of Korea (BOK), stated on the 19th: "In the future, in order to incorporate programming functions into the currency, the Korean Won stablecoin is necessary, but a wiser approach would be to start introducing it from banks and then gradually expand." On the same day, while attending the National Assembly's Planning and Finance Committee, Lee Chang-yong addressed the concerns of lawmakers regarding the timing of stablecoin introduction and issuing entities, pointing out the potential risks of stablecoins one by one, demonstrating a cautious attitude. Regarding the conditions for issuing entities, he emphasized: "To prevent money laundering issues, only large enterprises that have systems such as **KYC (Know Your Customer)** and have reached a certain scale should be allowed to issue. However, if large non-bank enterprises are allowed to issue, the existing bank-centric financial industry structure may undergo unknown changes, so caution is required." He explained that this is equivalent to allowing payment and settlement banks with narrow banking functions, which may lead to a decline in bank deposits and profitability.