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Bank of Korea Pushes Bank-Led Stablecoins | Bitcoin and Crypto News
Description
The Bank of Korea is doubling down on its push for banks to lead stablecoin issuance, submitting its stance to lawmakers and sparking a legislative standoff that’s stalled South Korea’s digital asset bill. Meanwhile, the central bank is advancing pilots for deposit tokens—digital versions of bank deposits—to power everything from government payments to EV charging. With political delays and fierce debate over who controls these digital assets, the future of Korea’s crypto regulations remains uncertain, but the central bank’s vision is shaping the conversation.
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