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Bank of Korea Establishes New Virtual Asset Department, Expected to Lead Internal Discussions on Korean Stablecoin

Summary: According to reports from News1, the Bank of Korea has established a new virtual asset department under the Bank of Korea's Financial Payment System Bureau, expected to lead internal discussions on the Korean stablecoin. Additionally, the Bank of Korea has officially renamed its digital currency research team to the Digital Currency Team, signaling a shift ...

According to reports from News1, the Bank of Korea has established a new virtual asset department under the Bank of Korea's Financial Payment System Bureau, expected to lead internal discussions on the Korean stablecoin. Additionally, the Bank of Korea has officially renamed its digital currency research team to the Digital Currency Team, signaling a shift from theoretical exploration to more active digital currency projects.

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