Regulation· ★★★· neutral·

Lawmaker Min Byung-duk pushes to speed up digital asset bill and won stablecoin rules

  • Min: "speed matters more than a 100-point bill"
  • Government draft has been delayed for over a year
  • FSC has delivered its proposal to the presidential office
  • Subcommittee review is expected in November
Why it matters: Faster passage of the basic law will set rules for won stablecoin issuance and foreign stablecoin access to Korea's market.
Source: Blockmedia