Lee Ok-won: “Stablecoin Introduction in Final Coordination Stages” [2025 National Audit]

Yoo Dong-soo: “Stablecoins Should Involve Bank Participation”, Lee Eok-won, the Chairman of the Financial Services Commission, stated on the 20th that they are finalizing adjustments with related ministries to ensure sufficient safeguards for the introduction of stablecoins.’,
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Chairman Lee Eok-won. [Photo by Kwak Young-rae],
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, ‘During a National Assembly audit by the National Policy Committee, Chairman Lee responded to Democratic Party lawmaker Yoo Dong-soo’s concerns about stablecoins potentially undermining trust in monetary policy and their use in illegal transactions. Lee emphasized that since the system is in its early design stage, it is crucial to have sufficient safeguards and that they are thoroughly reviewing this with related ministries.’,
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, ‘When asked if they plan to submit relevant legislation within the year, Lee confirmed, “Yes.”‘,
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, ‘Vice Chairman Kwon Dae-young also agreed with Lawmaker Yoo’s suggestion that bank participation in a consortium form is desirable to ensure the reliability and stable institutional operation of stablecoins.’,
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