Bank of Korea’s Wild Stablecoin Shenanigans: Total Mayhem or Masterstroke? 😏

In a reshuffle that sounds like it was dreamed up over too many cups of coffee (or perhaps something stronger), the central bank is ditching the ‘Research’ bit from its Digital Currency Research Lab and rebranding it to the Digital Currency Lab come July 31. Why? To shift from twiddling thumbs in ivory towers to actually getting their hands dirty with business-y stuff. Meanwhile, the old Digital Currency Technology Division is splitting into two: the Digital Currency Technology Team and the Digital Currency Infrastructure Team. These merry bands will tinker with privacy tech that’s about as leak-proof as a sieve, build deposit-token platforms, and set up testing grounds for stablecoins that might just work… or not. 🤷♂️







