South Korea Financial Services Commission plans to submit a stablecoin regulation bill in October

According to Foresight News, according to The Block, the South Korean Financial Services Commission plans to submit a stablecoin regulatory bill to the legislature in October, covering issuance, mortgage management and risk control requirements. The bill will be incorporated into the second phase of the legal framework for digital assets. South Korea's four major banks may meet with USDC issuer Heath Tarbert next week to discuss stablecoin cooperation.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice of this platform. This platform does not make any guarantees for the accuracy, completeness, originality and timeliness of article information, nor is it liable for any losses caused by the use or trust in article information.