South Korean Lawmaker Calls for Fast-Tracked Won Stablecoin Bill
2026-07-23 03:13:18
South Korean Rep. Kim Hyun-jung called on July 23 for the swift passage of a second-phase digital asset bill covering won-denominated stablecoins. According to NS3.AI, Kim said South Korea needs to prepare for broader dollar stablecoin adoption after the GENIUS Act takes full effect in January next year. Financial Services Commission official Kim Sung-jin said the schedule for the stablecoin law remains under discussion.
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