Early reportsWorld · Сеул, South Korea

'Bank-led won stablecoins risk limiting innovation'

First reported 2026-10-03 23:15 UTC · Updated 2026-10-03 23:15 UTC · 1 independent source

South Korea's proposed bank-led approach to won-backed stablecoins could give institutions with established payment networks little incentive to build alternatives, global industry executives said at a Seoul roundtable Wednesday. "If you give licenses to tier-one banks, as most regulators are…

Open on the live globe →

Who reported it

  1. 2026-10-03 23:15 UTCKorea Herald · koreaherald.com ↗

More from South Korea

All events in South Korea →