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South Korea’s Stablecoin Policy Faces Expert Backlash Over Innovation Fears
South Korea’s latest stablecoin policy proposal is stirring strong reactions across the blockchain community. The Bank of Korea recently announced plans allowing only domestic banks to issue won-backed stablecoins, drawing sharp criticism from industry leaders. The action was called “illogical” by Dr. Sangmin Seo, Chair of the Kaia DLT Foundation, who cautioned it could stunt […]
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