South Korea has taken the lead in organizing $USDC
S$USDtablecoin. On June 10, the country passed the Digital Basic Law, allowing companies to issue stablecoins under clear rules – while the United States is still struggling to finalize the legislation. Through reserves to protect users. This move makes South Korea one of the first major economies to fully legislate. United States Stablecoin Bill Faces Delay Meanwhile, United States prepares for long-awaited approval of Al-Baqari Act. The purpose of the draft law is to set federal and state-level regulations for stablecoin issuance. Strong money laundering (AML) and customer identification (KYC) and anti-fraud measures. However, political opposition remains. The Digital Assets Law in South Korea applies to stablecoins only for all digital assets + stablecoins Federal approval authority for issuers > 10 billion dollars; All stablecoins require FSC approval, compliance requirements, AML, KYC, anti-fraud, transparency, transparency + security guarantees. Global demand for StableCoin is on the rise: the market is expected to reach 254 billion dollars in 2025, and 2T $ by 2028. In South Korea, stablecoin trading on five local exchanges is already ₩57T. Globally, Tether (USDT) and Dether (USDC) dominate with a market share of 85% - usdt is 150 billion dollars, USDC is 16 billion dollars. Markets, United States competitions to put the final touches on its bill, the Mashhad StableCoin world is about to change in a big way. Don't miss a beat in the crypto world! Stay up-to-date with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, Altcoins, Defi, NFTS and more.#BTCBreaks110K
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