The Korean government plans to establish a stablecoin regulatory bill this year and introduce a digital asset spot ETF. According to News1, the Korean government intends to draft the "Digital Asset (Virtual Asset) Phase Two Bill" this year, which will include a stablecoin regulatory framework, and will simultaneously launch a cross-border stablecoin trading regulation scheme linked to the bill. Additionally, a digital asset spot exchange-traded fund (ETF) is also planned to be introduced within this year. The government in May
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The Korean government plans to establish a stablecoin regulatory bill this year and introduce a digital asset spot ETF. According to News1, the Korean government intends to draft the "Digital Asset (Virtual Asset) Phase Two Bill" this year, which will include a stablecoin regulatory framework, and will simultaneously launch a cross-border stablecoin trading regulation scheme linked to the bill. Additionally, a digital asset spot exchange-traded fund (ETF) is also planned to be introduced within this year. The government in May