Korea Stablecoin Delay
South Korea plan for a won stablecoin hit a pause. The FSC missed a deadline set for December ten. Lawmakers had asked for a proposal by then.
The FSC says it needs more time to align with other agencies. It does not want to rush the process. The plan will go to the National Assembly and be shared with the public at the same time.
This move focuses on clarity and public trust. Stablecoin rules still matter a lot for the market.
Eyes stay on Korea next steps.
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