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South Korea postpones digital asset law over stablecoin, exchange cap disputes
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South Korea postpones digital asset law over stablecoin, exchange cap disputes
Debates on South Korea’s comprehensive Digital Asset Basic Act have spilled into 2026 with no end in sight as regulators continue to clash over who should control stablecoin issuance and how far major cryptocurrency exchanges should be regulated. Lee Eog-weon, the Financial Services Commission (FSC) chair, had promised that the second-phase virtual asset legislation would be ready by the end of last year. However, divisions between the FSC, the …
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