South Korean lawmaker proposes MBS as reserve asset for won stablecoins
- —Lawmaker Min raised the issue at a parliamentary audit in Busan on Oct 15
- —KHFC chief said short-term MBS are suitable as stablecoin reserves
- —KHFC MBS qualify as Level 1 high-quality liquid assets under Basel III
- —Min pledged to include MBS in stablecoin legislation talks
Why it matters: Broadening eligible reserve assets could boost demand for MBS and shape stablecoin regulation in South Korea.
Source: Blockmedia
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