South Korea's ruling Democratic Party proposed a Digital Asset Basic Act that would treat stablecoins used in foreign exchange as a means of payment and require trusts for real-world assets. Article 112 would require issuers of digital assets linked to real-world assets to place the underlying assets in a managed trust under the Capital Markets Act. Article 124 would place businesses handling value-stable digital assets in foreign exchange under foreign exchange supervision without separate registration, while exempting some payments for goods and services from reporting within a specified range.