South Korea’s Digital Asset Bill Delayed over Who Can Issue Stablecoins

South Korea’s digital asset bill delayed over who can issue stablecoins

The Digital Asset Basic Act is stalled as regulators clash over who should be allowed to issue won-pegged stablecoins, extending uncertainty in one of Asia’s most active crypto markets.

South Korea delays crypto bill over stablecoin concerns: Report - WorldNL Magazine

South Korean lawmakers have reportedly delayed submission of a cryptocurrency bill that could allow the issuance of domestic stablecoins as key issues remain unresolved.According to a Tuesday Yonhap News report, officials in South Korea’s government were continuing to work on the Digital Asset Basic Act, but expected to submit the bill sometime in 2026. The reported delay was due to “major issues that raise disagreements with relevant organizati…

South Korea’s Stablecoin Bill Deadline Pushed To 2026

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The submission of South Korea’s long-awaited crypto bill continues to face hurdles due to the ongoing disagreements between the main regulatory agencies over policies related to stablecoin issuers. South Korea’s Digital Assets Act Delayed On Tuesday, local news outlets reported that South...

South Korea Postpones Crypto Bill Amid Stablecoin Concerns: Latest Update

South Korea Delays Stablecoin Legislation Until 2026 Amid Industry Concerns South Korean lawmakers have postponed the enactment of a comprehensive cryptocurrency bill aimed at regulating and fostering the nation’s burgeoning digital asset sector. The delay, now projected into 2026, reflects ongoing disagreements within government agencies and industry stakeholders over key regulatory provisions, particularly concerning stablecoin issuance. Key T…

South Korea Delays Crypto Bill over Stablecoin Concerns: Report

The Digital Asset Basic Act proposed by South Korea's ruling Democratic Party in June, will reportedly be delayed until next year following concerns over domestic stablecoins.