South Korea is set for a major crypto regulatory overhaul under newly elected President Lee Jae-myung. As Bloomberg reported earlier today, the ruling Democratic Party proposed the Digital Asset Basic Act, with plans to facilitate the use of stablecoins. Will South Korea’s new crypto regulations give it a competitive edge over the US? South Korea

The post South Korea Advances Bill to Legalize Stablecoins Amid GENIUS Act Delay in US appeared first on CoinGape.

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