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by: xpoolPosted on: May 20, 2025

South Korea Raises Concerns Over Stablecoin Risks Amidst Surge in Transfers

The Bank of Korea has flagged potential risks to monetary policy posed by stablecoins, highlighting their impact on the financial system. Nearly half of cryptocurrency transactions departing from South Korea are dollar-based stablecoins, raising concerns about regulatory intervention and oversight.

Related posts:

  1. South Korea to Hold Crucial Discussion on Stablecoin Policy
  2. South Korea Proposes Won-Back Stablecoin to Combat Crypto Capital Flight
  3. Lee Jae-myung Proposes Won-Back Stablecoin for South Korean Economic Growth
  4. Russia Restricts Foreign Stablecoins: Tether and Similar Coins Face Market Limitations
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