🇰🇷 South Korea Greenlights Stablecoins! Crypto Stocks Surge
🔹 New Digital Asset Bill Approved
South Korea introduces a major bill allowing stablecoin issuance by licensed firms with ₩500M+ capital (≈ $368K). 🏛️
🔹 Regulatory Clarity Boosts Confidence
The FSC will regulate the issuance and reserves, while a new Presidential Digital Asset Committee oversees national crypto policy. 🧾
🔹 Crypto Stocks RALLY Hard
Kaia: +29.9% 📈
KakaoPay: +18.2% 💳
Danal Fintech: +17.9% 🧠
🔹 Massive Market Demand
$42B+ in USD-backed stablecoin trades were recorded in Q1 2025 alone! 💹
🔹 Global Trend Alignment
Joins Hong Kong, UAE, and U.S. in pushing regulatory frameworks for stablecoins 🌐
⚠️ BoK Pushback: Central bank warns of risks to monetary policy control 📉
Conclusion:
South Korea’s bill sets the stage for a regulated stablecoin ecosystem, igniting investor optimism and positioning the country as a leader in digital finance.
#StablecoinRevolution #KoreaCrypto #BinanceNews #Web3Asia #CryptoRegulation