Coordination Key for South Korea’s Stablecoin Rules

[cryptoenthusiast]

To finalize stablecoin regulations, the BOK suggests a policy consultative body including the Ministry of Strategy and Finance, FSC, and the central bank to approve and regulate issuance. The Democratic Party task force agrees on collaboration but wants to maintain flexibility to foster innovation.

[Nahid Hossen]

Strong coordination will be essential for effective stablecoin regulation in South Korea.

[Abdul Khan]

Fragmented rules could slow innovation unnecessarily.