South Korea Tightens Regulations on Stablecoins: Deadline Looms

South Korea is accelerating its efforts to regulate the stablecoin market, with the ruling Democratic Party pushing for a strict December 10th deadline from the Financial Services Commission (FSC). If the FSC fails to present a draft bill by this date, the party will take legislative action, aiming for it to be introduced in Parliament and voted on before January 2026.