South Korea to limit won stablecoin issuance to groups tied to commercial banks

South Korea is fast approaching a turning point in its regulation of digital assets as lawmakers and financial authorities are reportedly working on a plan to restrict the issuance of Korean-won-pegged stablecoins to consortia in which commercial banks hold a majority stake. The plan, which was reportedly discussed in a closed meeting that involved lawmakers […] source: https://www.cryptopolitan.com/south-korea-to-limit-won-stablecoin-issuance/