Korean regulatory authorities fail to submit the Korean won stablecoin regulation bill on time

GateNews

2025-12-14 14:38:52

BlockBeats News, December 14 — According to South Korean media Newsis, earlier this month, South Korea’s ruling party called on various ministries and the Financial Services Commission (FSC) to submit a regulation bill for the Korean won stablecoin by December 10, but the FSC failed to submit the bill on time. An FSC spokesperson stated that the FSC needs more time to coordinate positions with relevant agencies; rather than rushing to complete the proposal before the deadline, it would be better to announce its proposal simultaneously with submitting the bill to the National Assembly. The FSC said this move is to protect the public’s right to know about this matter.

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