Bank of Korea governor outlines vision for asset tokenization

Shin Hyun-song, governor of the Bank of Korea, has outlined a vision for tokenizing assets like stocks and government bonds, going beyond central bank money and deposits. According to The Korea Economic Daily TV, Shin stated at the ECB Central Banking Forum in Sintra, Portugal, that further consideration should be given to asset tokenization. He added that issuing and circulating government bonds on a unified ledger would support the central bank's core responsibilities of monetary policy and financial stability.