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Don't remind me again today

Korean regulators just dropped a deadline bomb. December 10th—that's the line in the sand for their stablecoin bill. Miss it? Lawmakers are threatening to roll their own legislation.



Here's where it gets messy: Korea's central bank wants a 51% bank ownership requirement locked in. Meanwhile, the Financial Services Commission is pushing back hard, advocating for wider market access instead. Classic bureaucratic tug-of-war.

They're eyeing January 2026 for the National Assembly to review whatever framework emerges from this standoff. The clock's ticking, and neither side seems ready to blink. This could reshape how stablecoins operate across the entire Korean market—assuming they actually get something passed before the ultimatum hits.
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GhostChainLoyalistvip
· 11h ago
December 10th? Ha, here we go again... The bureaucracy in Korea is at it again. The central bank wants a 51% stake, while the Financial Services Commission wants to open up the market. Neither side is giving in. Same old story, regulations keep getting stricter... I just want to ask, can stablecoins still survive?
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ChainWatchervip
· 12h ago
Here we go again? The tug-of-war between the central bank and the Financial Stability and Development Committee, and in the end, it's still us retail investors who have to foot the bill.
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SmartMoneyWalletvip
· 12h ago
Once the 51% shareholding threshold is fixed, retail investors have no chance at all. This is a typical capital centralization manipulation tactic.
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