logo

The South Korean Financial Regulatory Authority is set to submit a stablecoin regulation bill in October.

By: theblockbeats.news|2025/08/18 16:42:04
0
Share
copy

BlockBeats News, August 18th - According to The Block, the Financial Services Commission (FSC) of South Korea is expected to submit a stablecoin regulation bill to the National Assembly in October. South Korean ruling party member Park Min-gue mentioned in a stablecoin-related discussion on Monday that he has received a report from the FSC outlining this plan.

This bill will require regulations on stablecoin issuance, collateral management, and internal risk control systems, and is expected to be included in the ongoing development of the second set of digital asset legal frameworks.

You may also like

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle

Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Popular coins

Latest Crypto News

17:44

The blockchain game infrastructure platform Power Protocol has completed a $3 million financing round, funded by Bitkraft Ventures

According to market news, the blockchain gaming infrastructure platform Power Protocol has received a $3 million investment from Bitkraft Ventures, bringing the total funding to $15.5 million.Power Protocol has built infrastructure for several partner studios, including Pixion Games, the developer o...
17:44

Data: Suspected Arrington Capital wallet withdraws 20,000 ETH from Binance and Deberit, worth approximately 38.28 million USD

According to The Data Nerd monitoring, five hours ago, a certain wallet (suspected to be Arrington Capital) withdrew 20,000 ETH (approximately 38.28 million USD) from Binance and Deberit.
17:44

The three major indices in the US stock market rose before the market opened, with Nvidia (NVDA) up 0.58%

According to Gate's market data, the three major U.S. stock indices rose before the market opened, with the Nasdaq up 0.24%, the Dow up 0.17%, and the S&P 500 up 0.19%.Most of the seven major tech stocks rose before the market opened, with Apple (AAPL) down 0.02%, Microsoft (MSFT) up 0.46%, Alphabet...
17:44

Traders expect a 50% probability of a 25 basis point rate cut by the Federal Reserve in June

According to Jinshi reports, traders have reduced their bets on a rate cut by the Federal Reserve, with the probability of a 25 basis point cut in June at 50%.
17:44

South Korea plans to implement a mandatory asset disclosure system for influencers in the cryptocurrency sector

According to The Block, South Korean ruling party lawmaker Kim Seung-won proposed amendments to the Capital Markets Act and the Virtual Asset User Protection Act, requiring influencers (Finfluencers) who provide cryptocurrency investment advice on social media to disclose their personal asset holdin...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com