Korean lawmaker Lee Jun-seok calls for globally compatible crypto rules
- —Lee said Korea excels at commercializing technologies from abroad, including stablecoins
- —He urged common baseline rules for asset classification and operator requirements
- —Utah Senate leader Kirk Cullimore said states are better suited for regulatory sandboxes than the federal government
- —MoonPay CEO Caroline Pham said regulation should target product function and risk, not tokenization technology
Why it matters: Signals Korea may align its crypto rules with global standards, a key development for exchanges and stablecoin issuers.
Source: Bloomingbit