South Korea's Financial Commission to Introduce Digital Asset Framework Law by Year-End

STO3.67%
According to the Financial Commission's report to the presidential office on July 15, South Korea will introduce a comprehensive digital asset framework law by the end of 2026. The law will define and regulate digital asset businesses to create a fair and efficient market while strengthening consumer protection. Key provisions include legalizing stablecoin issuance and circulation, enhancing anti-money laundering (AML) regulations for digital assets, and establishing a framework for tokenized securities (STO) to improve capital market structure.
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