Bank of Korea Deputy Governor Ryoo Sang-dai spoke on who will be allowed to issue digital won first. Eight of the country’s largest banks plan to form a joint venture to develop a KRW stablecoin.

The head of South Korea’s central bank has reportedly said he is not against the country issuing a won-based stablecoin, but is still concerned about managing the foreign exchange of the token ...

The senior deputy governor of South Korea's central bank said it was desirable to introduce won-denominated stablecoins at a gradual pace, first with rigorously-regulated commercial banks.

SEOUL (Reuters) -The senior deputy governor of South Korea's central bank said it was desirable to introduce won-denominated stablecoins at a gradual pace, first with rigorously-regulated ...

The head of South Korea’s central bank has reportedly said he is not against the country issuing a won-based stablecoin, but is still concerned about managing the foreign exchange of the token ...