South Korea’s ruling party is pushing forward with a crypto bill to legalize stablecoins, fulfilling a key campaign promise. What does this mean for the Korean crypto market and the broader industry?
Tag: South Korea
South Korea to Legalize Stablecoins: What it Means for the Crypto Market
South Korea is moving towards legalizing stablecoins with a new crypto bill proposed by President Lee Jae-myung’s party. This aims to boost transparency and competition in the crypto sector.
Kaia to Launch Won-Pegged Stablecoin as South Korean Payment Stocks Surge
Kaia, backed by Kakao, plans a South Korean won-based stablecoin amidst a crypto-friendly political climate, boosting payment stocks like Kakao Pay.
South Korea’s Crypto-Friendly Policies Spark Stablecoin Hopes and Payment Stock Rally
Kaia pledges a won-pegged stablecoin following President Lee Jae-myung’s inauguration, boosting payment stocks and signaling a shift towards embracing digital assets in South Korea.
South Korea’s Pro-Crypto President Faces Scandals: What’s Next for the Market?
President Lee Jae-myung’s pro-crypto stance could boost South Korea’s digital asset industry, but ongoing legal battles cast a shadow over his administration’s future.