Korean Won Stablecoin Regulation Reassessment Variables FSC Says More Coordination Time Needed
The Korean crypto market faces another wave of regulatory uncertainty. Recently, a representative from the Financial Services Commission(FSC) responded that the Korean Won stablecoin regulation framework, originally scheduled for submission on December 10, has not been completed as planned.
**Why is the regulatory progress delayed?**
The FSC's delay is not without reason but involves complex coordination among multiple departments. The agency stated that instead of rushing to submit the plan before t
View OriginalThe Korean crypto market faces another wave of regulatory uncertainty. Recently, a representative from the Financial Services Commission(FSC) responded that the Korean Won stablecoin regulation framework, originally scheduled for submission on December 10, has not been completed as planned.
**Why is the regulatory progress delayed?**
The FSC's delay is not without reason but involves complex coordination among multiple departments. The agency stated that instead of rushing to submit the plan before t