Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins

Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins The nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls.By Francisco Rodrigues, AI Boost|Edited by Sheldon Reback Apr 14, 2026, 10:01 a.m. Make preferred on Shin Huyn-song supports a central bank digital currency model. (Daniel Bernard/Unsplash)What to know: Shin Huyn-song, the nominee to become governor of the Bank of Korea, is prioritizing a potential central bank digital currency and bank deposit tokens over privately issued stablecoins.Shin said he supported a bank-led issuance model, emphasizing strict anti-money laundering (AML) and compli

Source: https://www.coindesk.com/policy/2026/04/14/bank-of-korea-nominee-backs-central-bank-led-digital-currency-sees-limited-role-for-stablecoins