FSC And Bank Of Korea Conflict Over Stablecoin Authority In New Digital Asset Plan

South Korea Misses Stablecoin Bill Deadline Due to Bank Control Dispute - The Cryptocurrency Post

South Korea’s ambitious plan to legalize won-pegged stablecoins has suffered a significant setback after missing a government-imposed deadline. The Financial Services Commission (FSC) failed to submit the draft stablecoin legislation by December 10, exposing a deep power struggle among authorities over who should control the next phase of digital finance. A regulator spokesperson confirmed they need additional coordination before making the gove…

South Korea’s Stablecoin Bill Delayed Over Issuer Dispute

South Korea’s financial regulator, the Financial Services Commission, missed the deadline to submit its draft law on stablecoin regulation.

South Korea Stablecoin Bill Misses December 10 Deadline as Central Bank Objects

South Korea missed a December 10 stablecoin bill deadline for lawmakers. A central bank dispute slows agreement on who controls stablecoin issuance. Wealthy investors raise virtual asset exposure as legal clarity stays delayed. South Korea’s stablecoin industry faces fresh regulatory uncertainty as the Financial Services Commission missed the government December 10, 2025 deadline to submit a stablecoin bill to the National Assembly. The delay ex…

FSC And Bank Of Korea Conflict Over Stablecoin Authority In New Digital Asset Plan

The government plans a public release of the Basic Digital Asset Act proposal soon. FSC coordinates with agencies as the National Assembly awaits the consolidated bill next. Stablecoin issuer rules spark debate between the FSC and the Bank of Korea. Comprehensive digital asset regulations will accompany Phase Two of the Virtual Asset Act. The Financial Services Commission will soon announce the government’s proposed Basic Digital Asset Act, also…