Bank of Korea renews call for bank-led won stablecoins as bill stalls

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The Bank of Korea is renewing its call for a bank-led stablecoin initiative, citing the US GENIUS Act as a model, but a proposed bill is currently stalled.

Market Impact

Market impact analysis based on neutral sentiment with 65% confidence.

Sentiment
Neutral
AI Confidence
65%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The Bank of Korea proposed a bank-led consortium and a statutory interagency body for issuer approvals, citing the US GENIUS Act as a model, according to local media.

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Original article published by CoinTelegraph on February 23, 2026.
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