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South Korea Launches Digital Assets Framework Act Phase 2 Legislative Discussion Today, Focusing on Stablecoin Regulation

GateNews
Regulation & Policy
According to Edaily, South Korea's government launched the Digital Assets Framework Act Phase 2 legislative discussion today, with the forum presided over by Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok. The government and ruling Democratic Party plan to advance the legislation through passage by year-end. The framework aims to establish regulatory oversight for stablecoin issuance and operations, building on the economic growth strategy announced on July 14.
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