South Korea Begins Stablecoin Regulation Talks With First Government Forum

South Korea's government is launching formal legislative discussions on stablecoin regulation through its first official government forum, chaired by Deputy Prime Minister Koo Yun-cheol, with a target to pass comprehensive stablecoin legislation by end of 2025. The move aligns with global regulatory trends, particularly the US $GENIUS Act implementation in January, and aims to establish reserve requirements, issuance standards, and operational guidelines for stablecoin issuers.

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