According to The Block, the Financial Services Commission of South Korea plans to submit a stablecoin regulation bill to the legislature in October, covering requirements for issuance, collateral management, and risk control. This bill will be incorporated into the second phase of the digital asset legal framework. South Korea's four major banks are expected to meet with Circle President Heath Tarbert, the issuer of USDC, next week to discuss stablecoin collaboration. Japan is also expected to approve the issuance of its first yen stablecoin in the fall.
This means that the bull market in 2025 will have a further outbreak in October.
Li previously believed that the target of 5000 points for Ethereum and 130,000 for Bitcoin might arrive sooner.
The bull market is setting sail, and Li will take you steadily to shore.
Continue to pay attention to: CYBER, SKL
