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South Korea’s Stablecoin Legislation Faces Delay Amid Central Bank Dispute

South Korea’s Stablecoin Legislation Faces Delay Amid Central Bank Dispute

Author:

Global Cryptocurrency

Published:

2025-11-26 10:31:02

26

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BTCCSquare news:

South Korea's pivotal stablecoin legislation risks missing its 2025 deadline as financial regulators clash with the Bank of Korea (BOK) over issuer governance. The central bank demands banks control at least 51% of stablecoin ventures, while regulators advocate for broader market participation.

Disagreement extends to issuance caps and oversight frameworks. The impasse reflects global tensions between financial traditionalists and crypto innovators—a standoff with implications for Korea's digital asset competitiveness.

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