Wire · regulatory
South Korea Launches Digital Asset Basic Act Legislative Discussion on Stablecoin Regulation
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Fusion42 · 21 July 2026 · Fusion42 review
South Korea's government will formally launch legislative discussions on the Digital Asset Basic Act Phase Two, with explicit focus on stablecoin regulation. The government and ruling party aim to pass the bill by end of 2026, establishing a legal framework for stablecoin issuance, circulation, and oversight.
This Wire brief sits within Fusion42's coverage of Fintech, and 4 sources have reported it between 21 Jul 2026 and 30 Jul 2026.
◆ ◆ The Wire takeaway
If you issue or support stablecoins in Asia, South Korea just moved from talking to legislating—and they're building the framework before the US finalises theirs. Get ahead of their working groups this year, because their rules will set the template for the region.
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4 sources · first reported 21 Jul 2026 · latest 30 Jul 2026
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