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Bank of Korea Governor Lee Chang-yong warns about won-pegged stablecoin risks at Hong Kong forum.

Won-Pegged Stablecoin Sparks Urgent Warning from Bank of Korea Governor

January 27, 2026 j n

Hong Kong, January 2025: A proposed won-pegged stablecoin has triggered a stark warning from South Korea’s top central banker, highlighting a critical regulatory blind spot in the global digital currency race. Speaking at the Asian Financial Forum, Bank of Korea (BOK) Governor Lee Chang-yong articulated profound concerns that such a digital asset could be weaponized […]