South Korea Stablecoin Bill Delayed

[cryptoenthusiast]

South Korea’s Financial Services Commission (FSC) missed its deadline to submit a draft stablecoin bill, citing the need for more coordination with other agencies. Lawmakers and regulators are still debating who should be allowed to issue digital tokens. The ruling Democratic Party expects a consolidated proposal in January 2026.

[Nahid Hossen]

The delay adds uncertainty for local crypto and fintech players.

[Abdul Khan]

Clear and timely regulation is key for stablecoin growth.