Bank of Korea Nominee Says Yes to CBDC, Maybe to Stablecoins-What Could Go Wrong?
In a bold display of foresight, South Korea’s financial authorities are embarking on a journey into the realm of digital currency. The Bank of Korea’s nominee, Shin Hyun-song, has laid out his vision in written responses to the National Assembly Finance and Economy Committee, just before his confirmation hearing. He advocates for a financial landscape where CBDCs and bank-issued deposit tokens reign supreme as the pillars of the nation’s digital money system-a concept as groundbreaking as it is unsettling.
[/latex], then leveraging an autoencoder-trained with anisometric regularization-to map these representations into a compact two-dimensional latent space, from which Voronoi Optimistic Optimization iteratively samples and evaluates candidates via Procrustes analysis to converge on a structure maximizing performance for a given task.](https://arxiv.org/html/2604.08636v1/x1.png)
