South Korea to Introduce Stablecoin Regulatory Framework in October

According to Foresight News, South Korea is set to establish a legal framework for stablecoins in October. Executives from stablecoin issuers Circle and Tether are scheduled to meet with senior officials from major South Korean financial groups this week. The discussions will include meetings with Jin Ok-dong, CEO of Shinhan Financial Group, and Ham Young-joo, CEO of Hana Financial Group. The meetings aim to explore the potential issuance and use of stablecoins pegged to the U source: https://www.binance.com/en/square/post/28615184738241?utm_source=BinanceNewsRSS