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Gov
South Korea's Ruling Party Issues Ultimatum on Stablecoin Legislation
12/02/2025, 04:36
AI SUMMARY
●South Korean ruling party demands action on stalled stablecoin bill
●Ultimatum seeks to break legislative deadlock on crypto regulation
●Move signals potential acceleration of local stablecoin framework
South Korea's ruling party has reportedly issued an ultimatum regarding the stalled stablecoin regulation bill, according to The Block. The move aims to expedite the legislative process for digital asset frameworks which have faced delays. This development highlights the growing urgency for clear regulatory guidelines in the Korean crypto market.