FSC Delays Won-Stablecoin Rules Amid Inter-Agency Disputes
South Korea delays won-stablecoin legislation as FSC and central bank clash over control, issuer rules, and broader digital asset regulation plans. South Korea’s financial regulators have delayed key rules for won-backed stablecoins. The delay was after missed deadlines from the government and unresolved inter-agency disagreements. And consequently, there is now a shroud of uncertainty over...
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