South Korea Advances Won‑Pegged Stablecoin Framework, Bill to Land in October
South Korea Advances Won‑Pegged Stablecoin Framework, Bill to Land in October The Financial Services Commission (FSC) of South Korea is preparing to introduce a comprehensive regulatory framework for stablecoins, with a government-backed bill expected to be submitted to the National Assembly in October. The legislation will focus on setting clear requirements for issuance, collateral management, and internal control systems within the digital asset ecosystem. This initiative marks the second phase of the country’s Virtual... crypto news