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South Korea weighs joint body for won stablecoin legislation

NewsFeeds update

South Korea's Financial Services Commission, Bank of Korea and finance ministry are preparing legislation for won-denominated stablecoins, FSC official Yoo Won-gyu said, citing broad consensus on a consultative body. He said safeguards would include bankruptcy remoteness…

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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…

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  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 Stablecoins 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.