South Korea Advances Digital Asset Basic Act With Stablecoin Capital Rules

South Korea’s Democratic Party has finalized a broad virtual asset market bill, the Digital Asset Basic Act, and plans to submit the legislation for deliberation before the Lunar New Year holiday. The bill aims to institutionalize the country’s digital asset market and establish a formal regulatory framework for stablecoins and broader crypto oversight. source: https://www.cryptoprowl.com/releases/south-korea-advances-digital-asset-basic-act-with-stablecoin-capital-rules-3143