Related: South Korean Regulator Flags Naver–Upbit Merger Risks Before Won Stablecoin Market Even Exists
Separately, the BIS extended Bank of Canada Governor Tiff Macklem’s term as Chair of its Consultative Council for the Americas until March 31, 2027. Central Bank of Argentina Governor Santiago Bausili will succeed him on April 1 for two years.
Shin Supports Government Bond Tokenization
Shin previously identified government bond tokenization as one of blockchain technology’s most promising applications during an ECB forum in Sintra, Portugal, in July 2026.
He said tokenization could combine bond ownership transfers and payments, reducing settlement delays and operational errors.
South Korea is also testing digital currencies and tokenized bank deposits through Project Hangang. Additionally, Shin has highlighted Project Agora, a BIS initiative exploring tokenized currencies for more efficient cross-border payments.
Related: Poland Advances Bill Allowing Authorities to Freeze Crypto Assets Under Sanctions