South Korea's Central Bank Gets New Governor: Hawkish Shin Hyun-song Takes Helm, Casting Doubt on Won-Linked Stablecoins
President Lee Jae-myung nominates BIS veteran Shin Hyun-song as new Bank of Korea governor. Known as a pragmatic hawk, Shin opposes the government's push for a won-linked stablecoin, warning it could fuel capital flight in a volatile economy.
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