Bank of Korea Rules Out Stablecoin Issuance as Seoul Blocks 27 Crypto Exchange Sites
Bank of Korea will not issue its own stablecoin, keeping monetary policy separate from commercial token issuance. The decision leaves room for licensed private firms to pursue won-denominated stablecoins. Separately, South Korean authorities blocked 27 crypto exchange websites, continuing enforcement against unlicensed platforms. Both actions show Seoul's dual-track oversight of digital assets.
