Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    US Government Holds 198,000 BTC, No Recent Sales

    US Government Retains 198,000 BTC, Dispelling Sale Rumors

    Societe Generale Partners with 21Shares to Boost Crypto ETP Liquidity

    David Marcus Advocates for Bitcoin in Financial System

    David Marcus Advocates for Bitcoin as Global Payment Network

    Fidelity Pushes for In-Kind Creations in Crypto ETFs

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Binance Integrates Circle’s USYC for Institutional Trading

    Binance Integrates Circle’s USYC for Institutional Clients

    Polychain Sells $62.5M Stake to Celestia Foundation

    Polychain Sells $62.5M TIA Stake to Celestia Foundation

    Polychain Sells $62.5M TIA to Celestia Foundation

    Anchorage and Ethena Launch GENIUS Act Compliant Stablecoin

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

South Korea Proposes Bill for Domestic Stablecoin Issuance

Solomon M. by Solomon M.
June 11, 2025
in Latest News
Key Points:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Lee Jae-myung pushes stablecoin bill.
  • Potential increase in KRW trading volume.
south-korea-proposes-bill-for-domestic-stablecoin-issuance
South Korea Proposes Bill for Domestic Stablecoin Issuance

South Korea’s President Lee Jae-myung, who took office in June 2025, has introduced a bill promoting the issuance of domestic stablecoins. The legislation has been presented as a key step in the nation’s pro-crypto reform agenda.

The initiative is positioned to impact the financial landscape significantly, potentially increasing local trading volumes and enhancing South Korea’s role in crypto markets.

President Lee Jae-myung, heading the Democratic Party, initiated the bill to enable firms to issue stablecoins within the country. This follows his pro-crypto stance, highlighted by his support for Bitcoin ETFs.

South Korea’s Financial Services Commission will be tasked with approving stablecoin issuers. Companies must register locally, fulfill equity requirements, and ensure redeemability through reserves. The move is seen as crucial for financial security.

Experts suggest that the legislation could lead to increased liquidity and trading volume for KRW-pegged assets, impacting major cryptocurrencies such as Bitcoin and Ethereum. Increased fiat-on-chain liquidity is expected to benefit both local and global DeFi platforms.

“The FSC will serve as the approving authority for stablecoin issuers, overseeing regulatory compliance and market integrity.”

The Financial Services Commission’s regulatory oversight is central to the bill’s structure, promising stablecoin issuers market integrity. As South Korea’s crypto community is robust, swift adoption is anticipated once the policy is implemented.

Past global introductions of fiat-pegged stablecoins have shown positive impacts on local DeFi activities. The anticipated regulatory framework for KRW-stablecoins could result in similar developments, increasing liquidity and market engagement.

Potential financial, regulatory, and technological outcomes include enhanced institutional activity and support for new fintech products. By implementing a solid stablecoin framework, South Korea may strengthen its position as a competitive player in the global crypto market.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

South Korea Proposes Bill to Allow Stablecoin Issuance

Next Post

South Korea’s President Proposes Stablecoin Issuance Bill

Solomon M.

Solomon M.

Related Posts

GameSquare Acquires Cowboy Ape CryptoPunk for $5.15M

by Solomon M.
July 25, 2025

GameSquare's $5.15M acquisition of Cowboy Ape CryptoPunk strengthens its digital asset strategy.

GameSquare Acquires CryptoPunk #5577 in $5.15M Deal

by Solomon M.
July 25, 2025

GameSquare Holdings buys CryptoPunk #5577 from Robert Leshner, paying $5.15 million in preferred stock.

Christie’s Launches $1B Crypto Real Estate Division

by Solomon M.
July 25, 2025

Christie’s International Real Estate unveils a $1B division accepting cryptocurrency for luxury properties, led by CEO Aaron Kirman.

GameSquare Acquires Rare CryptoPunk #5577 for $5.15M in Stock

by Solomon M.
July 25, 2025

GameSquare enhances crypto holdings with CryptoPunk and Ethereum acquisition, marking a strategic shift.

Tether Mints $2 Billion USDT, Sparks Market Speculation

by Solomon M.
July 25, 2025

Tether adds $2 billion USDT, raising potential market impacts and regulatory considerations.

Senator Lummis Calls for Powell’s Resignation Over Crypto Policy

by Solomon M.
July 25, 2025

Senator Lummis criticizes Fed Chair Powell's crypto stance, calls for his resignation amid rising tensions.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.