Bank of Korea Rhee says cautious about won stablecoin as it might bypass capital controls
ReutersJun 2, 2025 1:11 AM
SEOUL, June 2 (Reuters) - Bank of Korea Governor Rhee Chang-yong said on Monday he would be cautious about allowing won stablecoin in the domestic market as it could potentially bypass capital flow control measures currently in place.
He spoke Monday at an event hosted by the central bank in Seoul.
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