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South Korea's FSC chief says stablecoin law talks in final stage

NewsFeeds update

Financial Services Commission Chairman Lee Eog-weon told a parliamentary audit in Seoul on 8 Oct that the second phase of digital-asset legislation has been drafted and is in final-stage consultations. He said stablecoin types and licensing would be handled flexibly while market conditions are monitored.

RegulationCoinNessAIBullish

Read the original on CoinNess

The story so far: South Korea stablecoin legislation

South Korea's FSC, Bank of Korea and finance ministry are preparing legislation for won-denominated stablecoins. Yoo Dong-soo said the digital asset basic law, including stablecoin measures, would go to the National Assembly in November. South Korea now plans to publish a draft of its Digital Asset Basic Act…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. South Korea weighs joint body for won stablecoin legislation

  2. South Korea's FSC chief says stablecoin law talks in final stage

  3. Yoo Dong-soo says South Korea to submit stablecoin bill in November

  4. South Korea to unveil Digital Asset Basic Act draft this month

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Every Regulation update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.