South Korea Nears Won-Pegged Stablecoin Rules Amid USDT Dominance and Regulator Debate
The post South Korea Nears Won-Pegged Stablecocom. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → South Korea’s stablecoin legislation aims to regulate won-pegged digital tokens amid disputes between the Financial Services Commission (FSC) and Bank of Korea (BOK) over oversight. The FSC plans a bill by late 2025 for licensing, while the BOK pushes for bank-led issuance to ensure financial stability. This framework seeks to balance innovation with risk management in the crypto market. South Korea nears stablecoin bill submission by end of 2025, joining multiple assembly proposals. Regulatory tension arises as BOK favors bank control, contrasting FSC’s market-focused approach. Trading volume of USD-pegged stablecoins hit 56. 95 trillion won in Q1 2025, showing market dominance and kimchi premium effects. South Korea stablecoin legislation advances with FSC and BOK negotiations. Explore risks, proposals, and impacts on won-pegged assets. Stay informed on crypto regulations shaping Asia’s digital finance hub. (152 characters) What is South Korea’s Stablecoin Legislation? South Korea’s stablecoin legislation refers to ongoing efforts to create a regulatory framework for digital tokens pegged to the Korean won, addressing issuance, licensing, and oversight amid growth in the virtual asset sector. The Financial Services Commission plans to.