Democratic Party lawmaker Ahn Do-geol proposed a governance model for a won-denominated stablecoin that would require fintech companies to hold a 34% stake.
According to NS3.AI, Ahn suggested the stablecoin issuer be structured so a bank consortium would own more than 50% of the shares, while fintech firms could still exercise management rights.
The proposal outlines a split between majority bank ownership and a mandated fintech equity position, with operational control potentially led by fintech participants despite banks holding the larger shareholding.
Ahn Do-geol Proposes Won Stablecoin Governance Model With 34% Fintech Stake Requirement
2026-06-23 07:58:01
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