The Bank of Korea aims to hire ten new employees, with some roles reserved for candidates with crypto-industry experience, according to EToday. At least one of the new hires will serve as a digital assets market analyst, with the appointment slated for July, the central bank said.
The central bank will fast-track the appointment of experienced crypto experts as it revives its central bank digital currency plans. The bank’s hiring drive comes as the government considers allowing stablecoins and CBDCs to co-exist. The hirings and CBDC pivot come after the government nominated Shin Hung-song, a known stablecoin-sceptic, to the Bank of Korea’s governorship. The government wants tech firms and banks to launch won-pegged stablecoins to facilitate cross-border payments.
The government plans to distribute 25% of subsidies using the digital won by 2030, with CBDC pilot payments expected in the first half of 2026. Kim Dong-sub, head of the BOK’s Digital Currency Planning Team, said that the services developed through Project Hangang could serve as a preview for the future introduction of won-pegged stablecoins. He added that stablecoins and the CBDC will be synergistic rather than competitive.
Applicants to the BOK’s new posts must have at least five years of on-the-job experience, the bank stated. The Hangang project signals the CBDC’s broader role in government and business spaces beyond retail payments.
Leave a Reply