South Korea Gets New Crypto Regulation Framework Backed by President Lee

2025-06-09 22:20:56

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Story Highlights* South Korea’s Digital Asset Basic Act proposes strict licensing for stablecoin issuers, signaling a major step toward legalizing won-backed stablecoins.

Kakao-backed Kaia announces a won-pegged stablecoin, aligning with national crypto policy and boosting investor confidence in DeFi.

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