{"id":8295,"date":"2026-01-29T07:12:34","date_gmt":"2026-01-29T07:12:34","guid":{"rendered":"https:\/\/acudc.com\/?p=8295"},"modified":"2026-01-29T07:13:42","modified_gmt":"2026-01-29T07:13:42","slug":"korean-legislation-plans-to-remove-stablecoin-oversight-from-central-bank","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/korean-legislation-plans-to-remove-stablecoin-oversight-from-central-bank\/","title":{"rendered":"Korean legislation plans to remove stablecoin oversight from central bank"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"8295\" class=\"elementor elementor-8295\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"804\" height=\"512\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/01\/News0128.02.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/01\/News0128.02.png 804w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/01\/News0128.02-300x191.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/01\/News0128.02-768x489.png 768w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/01\/News0128.02-18x12.png 18w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Image by Ledger Insights<\/p><p>Today the ruling Democratic Party of Korea introduced the Basic Digital Asset Act at a press conference. The draft legislation aims to allow non banks and payment providers to issue stablecoins, and also relaxes rules for crypto exchanges, enabling them to participate in lending and choose which tokens to list.<\/p><p>Under this proposed framework, instead of the Bank of Korea (BOK) approving stablecoin issuers, that authority will fall to the Financial Services Commission. The legislation also significantly reduces regulatory barriers, setting a modest capital requirement of won 500 million ($365,000) for issuers, down from a previously proposed won 5 billion.<\/p><p>\u201cDigital assets have a low equity capital ratio because they are structured to guarantee a refund based on reserves,\u201d said Representative Min Byeong-deok. He said the intention was \u201cto ease the barriers to entry into the system while clearly establishing measures to protect investors.\u201d Mr Min emphasized the need for speed, implying there\u2019s an international race to host issuers.<\/p><p>\u00a0<\/p><p>Retrieved from: <a href=\"https:\/\/www.ledgerinsights.com\/korean-legislation-plans-to-remove-stablecoin-oversight-from-central-bank\/\"><u>https:\/\/www.ledgerinsights.com\/korean-legislation-plans-to-remove-stablecoin-oversight-from-central-bank\/<\/u><\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Image by Ledger Insights Today the ruling Democratic Party of Korea introduced the Basic Digital Asset Act at a press conference. The draft legislation aims to allow non banks and payment providers to issue stablecoins, and also relaxes rules for crypto exchanges, enabling them to participate in lending and choose which tokens to list. Under &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/th\/korean-legislation-plans-to-remove-stablecoin-oversight-from-central-bank\/\"> <span class=\"screen-reader-text\">Korean legislation plans to remove stablecoin oversight from central bank<\/span> Read More &raquo;<\/a><\/p>","protected":false},"author":8,"featured_media":8283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[75],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8295"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=8295"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8295\/revisions"}],"predecessor-version":[{"id":8299,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8295\/revisions\/8299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/8283"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=8295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=8295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=8295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}