Korean lawmaker Min Byung-duk: digital asset bill must pass this year

• —Min said hearings and committee work will start right after parliamentary audits
• —The government's second-stage bill has not been submitted since 2023 despite a one-year deadline
• —He opposes limiting won stablecoin issuance to banks, favoring activity-based rules over entry barriers
• —He cited the absence of spot bitcoin ETFs in Korea and the country's lag in asset tokenization