Express
South Korean Regulatory Agency Fails to Submit Stablecoin Regulation Bill on Time
Summary: According to South Korean media outlet Newsis, the ruling party in South Korea called on various ministries and the Financial Services Commission (FSC) to submit a stablecoin regulation bill by December 10th, but the FSC failed to do so. An FSC spokesperson stated that they need more time to coordinate with relevant agencies and instead ...
According to South Korean media outlet Newsis, the ruling party in South Korea called on various ministries and the Financial Services Commission (FSC) to submit a stablecoin regulation bill by December 10th, but the FSC failed to do so. An FSC spokesperson stated that they need more time to coordinate with relevant agencies and instead of rushing to meet the deadline, they prefer to disclose their proposal to the National Assembly while submitting the bill. The FSC stated that this is to protect the public's right to information on the matter.
Tags:
Link: South Korean Regulatory Agency Fails to Submit Stablecoin Regulation Bill on Time [Copy]
