The governor of the Bank of Korea will meet with the heads of commercial banks to discuss issues related to stablecoins

ChainCatcher news, according to Newsis, the Governor of the Bank of Korea (BOK), Lee Chang-yong, will meet with the heads of commercial banks at the Bank Hall in Jung-gu, Seoul, on the 23rd of this month, where they are expected to discuss the issuance of stablecoins based on the Korean won. This meeting will be accompanied by Deputy Governor Park Jong-woo, who is responsible for monetary policy and financial markets.

Previously, the Bank of Korea has taken a cautious stance on the issuance of won-based stablecoins by the non-bank sector due to concerns over the effectiveness of monetary policy and financial stability risks.