South Korea Central Bank Warns Stablecoins Could Complicate FX Controls

Jan 27, 2026 - 09:45
South Korea Central Bank Warns Stablecoins Could Complicate FX Controls
South Korea’s central bank chief warned that Korean won-denominated stablecoins could complicate capital flow management, adding a note of caution to an ongoing debate among lawmakers over whether and how domestic stablecoins should be issued, according to local reports. Speaking at the Asian Financial Forum in Hong Kong, Bank of Korea Governor Lee Chang-yong said...

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