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by: xpoolPosted on: December 3, 2025

South Korea Sets December 10 Deadline for Stablecoin Bill

South Korea has issued a crucial ultimatum: submit a stablecoin bill by December 10th, or face independent legislative action. The deadline is being spearheaded by Kang Joon-hyun, head of the Democratic Party’s Political Affairs Committee. This legislation demands a bank-led consortium model for stablecoin issuance, requiring banks to hold a controlling 51% stake in any such ventures.

Related posts:

  1. South Korea’s Banks Dive into Stablecoin Market Through Tech Partnerships
  2. Naver Financial Merges with Dunamu, Launching Stablecoin Wallet in South Korea
  3. South Korea Races to Finalize Stablecoin Framework Before December Deadline
  4. South Korea Pushes for Speedy Stablecoin Regulation, Setting December Deadline
Cryptocurrency South Korea Stablecoins

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