South Korea proposes cryptocurrency law with bank-style rules for stablecoins

South Korea proposes cryptocurrency law with bank-style rules for stablecoins

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enPolicyShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailSouth Korea proposes cryptocurrency law with bank-style rules for stablecoinsDraft bill outlines comprehensive framework for digital assets, including licensing, issuance and oversightBy Olivier Acuna|Edited by Nikhilesh De Apr 8, 2026, 4:28 p.m. Make preferred on South Korea's National Assembly. (Credit: clumsyforeigner-Wikimedia Commons)xWhat to know: South Korea’s ruling Democratic Party has proposed a Digital Asset Basic Act that would create a comprehensive legal framework for issuing, trading, holding and supervising digital assets.The bill would require authorization and strict reserve, capital and operational standards for issuers of value-linked digital assets, including stablecoins tied to fiat currencies or real-world assets.Th

Source: https://www.coindesk.com/policy/2026/04/08/south-korea-proposes-cryptocurrency-law-with-bank-style-rules-for-stablecoins