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Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation, Including Banking-Style Oversight for Stablecoins
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April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation to Regulate Cryptocurrencies with Stringent Stablecoin Rules
The Democratic Party of South Korea has introduced a proposed 'Digital Asset Basic Act' aimed at establishing a comprehensive legal framework for digital assets. This includes regulations on issuance, trading, custody, and supervision. The proposal recognizes digital assets as a crucial link between the real economy and financial markets, and categorizes value-linked digital assets as those requi…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation with Stringent Stablecoin Rules
The Democratic Party of South Korea has proposed the 'Digital Asset Basic Act', aiming to establish a clear legal framework for digital assets. This includes rules for issuance, trading, custody, and supervision. The proposal acknowledges the growing importance of digital assets in connecting the real economy and financial markets, categorizing value-linked digital assets as those requiring autho…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation with Stringent Stablecoin Guidelines
None
April 8, 2026, 4:28 p.m.
Policy
South Korea Unveils Proposed Legislation for Cryptocurrency Regulation
The Democratic Party of South Korea has introduced a proposed 'Digital Asset Basic Act' that aims to establish a robust legal framework for digital assets, encompassing their issuance, trading, custody, and supervision. The proposal acknowledges the growing significance of digital assets as a crucial link between the real economy and financial markets. It categorizes value-linked digital assets, …
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation with Stricter Stablecoin Rules
On Wednesday, the Democratic Party of South Korea unveiled a proposed 'Digital Asset Basic Act', aiming to establish a robust legal framework governing digital assets. This includes regulations on issuance, trading, custody, and supervision. The proposal acknowledges the increasing significance of digital assets as a crucial link between the real economy and financial markets. It categorizes valu…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation to Regulate Cryptocurrencies with Banking-Style Oversight
The Democratic Party of South Korea has proposed the 'Digital Asset Basic Act', which aims to establish a regulatory framework for digital assets. This includes rules for issuance, trading, custody, and supervision. The proposal defines digital assets linked to real-world value, such as fiat currencies, as requiring authorization from issuers, reserve funds, and redemption obligations. This propo…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces New Cryptocurrency Legislation with Stringent Stablecoin Regulations
The Democratic Party of South Korea has introduced a proposed 'Digital Asset Basic Act' that aims to establish a robust regulatory framework for digital assets. This includes provisions for the issuance, trading, custody, and supervision of digital assets, with a focus on protecting consumers and promoting innovation. The proposal defines value-linked digital assets, such as stablecoins, as requi…
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Proposed Legislation for Cryptocurrency Regulation, Mimicking Traditional Banking Standards for Stablecoins
None
April 8, 2026, 4:28 p.m.
Policy
South Korea Introduces Cryptocurrency Legislation with Strict Stablecoin Regulations
South Korea's governing Democratic Party has introduced the 'Digital Asset Basic Act', a legislative proposal aimed at establishing a robust framework for digital assets. The act encompasses various aspects, including issuance, trading, custody, and supervision of digital assets. It categorizes value-linked digital assets, such as those pegged to fiat currencies or real-world assets, as requiring…
April 8, 2026, 4:28 p.m.