The post South Korea Nears Landmark Crypto Regulation With Digital Asset Basic Act appeared first on Coinpedia Fintech News
South Korea is gearing up to pass its first major crypto law. The ruling Democratic Party has finalized the “Digital Asset Basic Act” and plans to submit it before the Lunar New Year holiday. The bill sets capital requirements for stablecoin issuers and splits crypto businesses into eight regulated categories. The Democratic Party’s Digital Asset …
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