Bank of Korea renews call for bank-led won stablecoins as bill stalls

The Bank of Korea proposed a bank-led consortium and a statutory interagency body for issuer approvals, citing the US GENIUS Act as a model, according to local media.
Source: Bank of Korea renews call for bank-led won stablecoins as bill stalls (https://cointelegraph.com/news/south-korea-central-bank-renews-bank-led-won-stablecoin-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)