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Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.

Updated Mar 8, 2024, 6:44 p.m. Published Dec 15, 2023, 2:47 p.m.
Bank of Korea
Bank of Korea