#SouthKoreaCryptoPolicy

🇰🇷 South Korea Eyes Stablecoin Revolution

President Lee Jae-myung is pushing forward a bold plan to legitimize and expand the won-backed stablecoin market, delivering on key campaign promises. 🚀

The ruling Democratic Party has introduced the Digital Asset Basic Act, which would:

✅ Allow local firms to issue stablecoins

✅ Require capital + reserve compliance

✅ Demand regulatory approval for transparency

One major player to watch: $KAIA, backed by tech giants Naver and Kakao—positioning itself as a potential leader in Korea's stablecoin race. 💥

🎯 The goals?

Increase transparency

Promote local competition

Prevent capital outflows

This could mark a turning point for South Korea’s crypto policy and set a precedent for Asia’s digital finance landscape.

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#stablecoin #SouthKorean #Kaia #BinanceAlphaAlertis #SouthKoreaCryptoPolicy #Web3Asia $KAIA