🚨 Breaking: South Korea to Propose Stablecoin Bill in October



🇰🇷 The FSC will submit a stablecoin regulatory bill to parliament this October, marking the country’s second digital asset framework. The law will cover issuance, collateral management & risk controls.

🏦 Korea’s four major banks — KB, Woori, Shinhan, Hana — are set to meet Circle President Heath Tarbert to discuss USDC integration.

📢 BoK Governor Rhee Chang-yong stressed KRW stablecoin issuance should be limited to licensed banks to safeguard FX policy.

#Crypto # Stablecoin #USDC # SouthKorea #Circle
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