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South Korea Launches Digital Asset Basic Act Legislative Discussion on Stablecoin Regulation

Published

21 July 2026

Topic

regulatory

Sectors

Fintech

Geography

South Korea

Source

Read at binance.com

Verified

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. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.

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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Topics

Fintech · stablecoin-regulation · south-korea · digital-assets · legislative-framework · crypto-compliance