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South Korea speeds up Digital Asset Framework Act for fall passage

Published

24 August 2026

Topic

regulatory

Sectors

Fintech

Geography

South Korea

Source

Read at crypto.news

Verified

Fusion42 · 24 August 2026 · Fusion42 review

South Korea's Financial Services Commission is accelerating work on the Digital Asset Framework Act aiming for fall passage, focusing on stablecoin issuance, VASP rules, and digital asset regulation to keep pace with US regulatory developments.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

South Korea’s government is moving quickly to finish digital asset legislation, opening the market for fintech founders involved in stablecoins and crypto services who can now prepare for rapid compliance updates and new licensing opportunities.

Coverage

1 source · 24 Aug 2026

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Topics

Fintechdigital-assetsstablecoinscrypto-regulationvirtual-asset-service-providerssouth-korea