The Bank of Korea points out FX risks, and lawmakers debate the issuance of stablecoins. The controversy over stablecoins in South Korea remains stagnant as the central bank raises concerns about capital flows, the supervision of issuing entities, and the risks associated with U.S. dollar pegs.
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The Bank of Korea points out FX risks, and lawmakers debate the issuance of stablecoins. The controversy over stablecoins in South Korea remains stagnant as the central bank raises concerns about capital flows, the supervision of issuing entities, and the risks associated with U.S. dollar pegs.