Bank of Korea Fears Stablecoin Chaos Could Send Economy Back to the 19th Century.
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The Governor of the Bank of Korea warns of the risk of "19th-century financial chaos" if multiple private entities are allowed to issue Stablecoins pegged to the Korean Won, pointing out that it could affect commercial banks and the country's monetary policy.
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Read more at https://t.co/lrNCIVns0M
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