Bank of Korea: Opposes Issuing Treasury Bills for Cryptocurrencies
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最新报道：According to a report by Bijie.com, the Bank of Korea warned on the 19th that issuing short-term treasury bills to activate the Korean won stablecoin could have a negative impact on financial markets. This directly rejected the need for issuing short-term treasury bills, as some have argued. The Bank of Korea clarified this position in a written response submitted to the office of Cha Kyu-geun, a member of the National Assembly's Planning and Finance Committee. The Bank of Korea stated, "The scale and maturity of treasury bill issuance should be determined based on the fundamental purpose of raising fiscal funds. Issuing short-term treasury bills to meet specific market needs, such as for stablecoins, is inappropriate." In particular, the Bank of Korea emphasized, "Increased treasury bill issuance will increase the burden of refinancing issuance and market absorption, thereby weakening the stability of fiscal fund raising. This must also be considered."
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