On his first day in office, the new Governor of the Bank of Korea focused on CBDC and plans to advance the second phase of the Han River Project.

Techub News reported, according to Naver, the new Governor of the Bank of Korea, Shin Hyun-song, emphasized in his inaugural address that he will accelerate the construction of the central bank digital currency (CBDC). Shin Hyun-song specifically mentioned the second phase of the "Han River Project," which aims to increase the utilization rate of CBDC and commercial bank deposit tokens, and plans to enhance the status of the Korean won in the digital payment environment through international cooperation such as the Agora project. In his inaugural address, Shin Hyun-song did not mention the Korean won stablecoin. He previously pointed out during a hearing that stablecoins have structural limitations and security risks, and believes that CBDC-based deposit tokens should become the core of South Korea's digital currency ecosystem to ensure monetary trust and maintain central bank control under the existing foreign exchange regulatory framework.