Korean Candidate Proposes Stablecoin Pegged to Won
Key Notes South Korean presidential candidate favours won-backed stablecoin. The stablecoin is expected to reduce capital flight in the country. Lee Jae-myung also plans to establish a system that enables greater institutional participation in cryptocurrency. South Korea’s presidential candidate from the Democratic Party, Lee Jae-myung, has announced plans to support the development of a stablecoin […]
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