INSUBCONTINENT EXCLUSIVE:
concerned about managing the foreign exchange of the token.Reuters reported on Wednesday that Bank of Korea Governor Rhee Chang-yong said at
Source: Wikimedia CommonsAt the end of December, the Bank of Korea had forex reserves worth $415.6 billion, which dropped to $404.6 billion
at the end of May, a decrease of $11 billion in six months, according to data from the Bank of Korea.Friendly regulatory environmentOn June
capital of $368,000 to issue stablecoins.The companies would need to keep sufficient reserves to ensure refunds, and they will need approval
promise to lower the transaction costs to encourage young traders.Non-US dollar-backed stablecoinUS dollar-backed tokens dominate the
after US lawmakers signalled that they would approve the stablecoin-regulation GENIUS Act in the House.Magazine: WeChat friends help crypto
thieves, Korbit denies hack
