Rhee Chang-yong

South Korea unveils bill to allow stablecoin issuance
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13 June, 2025

South Korea unveils bill to allow stablecoin issuance

Under the proposed legislation, the authority will fall to the country's top finance sector watchdog, the FSC, instead of the...
Bank of Korea governor urges banking regulators to introduce CBDCs
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21 December, 2023

Bank of Korea governor urges banking regulators to introduce CBDCs

Bank of Korea Governor Rhee Chang-yong urges swift CBDC adoption to counter stablecoin risks, accelerating plans with launching 2024 retail...
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
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9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
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