币界网报道:South Korea's central bank official suggests that stablecoin issuance should initially be led by banks rather than private entities, citing concerns over financial stability and consumer protection. Bank of Korea (BOK) payment systems director Lee Seung-hee emphasized that banks have existing regulatory frameworks and risk management systems in place, making them better suited for stablecoin issuance during a recent seminar. While acknowledging blockchain's potential to improve payment systems, Lee cautioned about risks associated with private stablecoins, including potential runs during crises and lack of deposit insurance. The remarks come as South Korea prepares to implement its first comprehensive crypto regulation, the Virtual Asset User Protection Act, in July 2024, which will include oversight of stablecoins. The BOK is currently researching a potential central bank digital currency (CBDC) but hasn't made a final decision on its issuance.