South Korea Tightens Rules in Stablecoin Sector


The Financial Services Commission (FSC) in South Korea is poised to unveil a new regulatory draft targeting the stablecoin market, with plans to introduce it to the National Assembly in October. This move was confirmed by Park Min-kyu, a member of the ruling party, who received an update during a stablecoin-centric assembly.

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Source: https://en.bitcoinhaber.net/south-korea-tightens-rules-in-stablecoin-sector