New Governor of Bank of Korea States: Will Advance CBDC and Bank Tokenization, Strengthen Cryptocurrency Market Regulation

BroadChain has learned that at 20:30 on April 21, according to CoinDesk, Bank of Korea Governor Lee Chang-yong outlined policy directions in his inaugural address, stating that the central bank will strengthen scrutiny of the cryptocurrency market and non-bank financial sectors, while promoting the modernization of the money market to achieve 24-hour foreign exchange trading. His speech highlighted central bank digital currency (CBDC) and bank-issued tokens but did not include stablecoins as a core agenda item.