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Recent reports claiming that South Korea’s government is preparing a state-backed Korean won stablecoin have been dismissed as “groundless” by a spokesperson from the ruling Democratic Party of Korea (DPK).  The statement pushes back against a wave of media speculation that government bodies were collaborating on a national stablecoin, clarifying that the real momentum is […] The post Lost in Translation – A Look at Who Is Really Building a Korean Stablecoin appeared first on Coin Edition.
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