South Korean opposition parties promote the legal framework for Korean won stablecoins
2025-08-29 03:15:47
South Korea's opposition National Power Party (PPP) has put a bill to create a legal framework for Korean won-denominated stablecoins at the top of the legislative agenda for the September parliamentary session. The legislation aims to establish legal guidelines for the issuance and circulation of stablecoins pegged to the Korean won, potentially facilitating the development of the Korean crypto market in a more regulated environment.
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