Bank of Korea recognizes the value of stablecoins

The Bank of Korea (BOK) said in a study issued Sunday that it does not reject the function of stablecoins in terms of their utility in monetary transactions. Stablecoins are a form of cryptocurrency linked to a stable asset, such as the US dollar, whose value does not fluctuate dramatically Despite its general unfavorable attitude … Continue reading Bank of Korea recognizes the value of stablecoins