South Korea to Introduce Stablecoin Legislation by October 2025

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2025-08-18 10:48:02

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South Korea's Financial Services Commission (FSC) will submit a stablecoin regulation bill to lawmakers in October 2025. The legislation will establish issuance rules, collateral oversight, and risk management standards for asset-backed digital currencies.

President Lee Jae Myung's administration is prioritizing a won-pegged stablecoin to strengthen monetary sovereignty. Major banks may meet with Circle's leadership in Seoul to discuss stablecoin integration.

This MOVE forms part of South Korea's expanding digital asset framework, with the bill expected to be included in the second-phase digital asset laws currently under preparation.

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