CBDC and Stablecoin Debate in Korea Raises Concerns Over Digital Ownership Rights

As governments and platforms accelerate digital policy—from land development and climate mandates to digital administration and next-generation payment rails—an old liberal-democratic premise is being tested: whether citizens can still treat what they own as truly theirs, rather than a permissioned privilege contingent on compliance.

The debate is no longer confined to property disputes over housing and land. It is increasingly shifting toward money itself, as central bank digital currency (CBDC) experiments, tokenized bank deposits, and fiat-backed stablecoins reshape how value is issued,…  Read more

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