South Korean Government Launches First Stablecoin Legislation Forum, Advancing "Digital Asset Basic Act" Enactment Within the Year
According to Edaily, the South Korean government held the first stablecoin legislation forum attended by the Deputy Prime Minister for Economy on July 21, focusing on the "Basic Act on Digital Assets," with key topics covering the stablecoin issuance and circulation system, segmented regulation of the digital asset industry, and improvements to anti-money laundering rules.
