South Korea BOK Governor Prioritizes Digital Won CBDC in First Policy Speech
Bitcoin.com News·60-word summary·1 min read
South Korea’s new Bank of Korea Governor Shin Hyun-song emphasized the country’s focus on developing a digital won through a CBDC and bank-issued deposit tokens, rather than private stablecoins, in his April 21 inaugural speech. This signals a policy shift towards central bank digital currency as the primary digital money solution, highlighting the government’s commitment to digital currency innovation.
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