According to CoinMarketCap, South Korea’s proposed stablecoin legislation has stalled because the Bank of Korea and the Financial Services Commission have not agreed on requirements for issuing stablecoins, source: CoinMarketCap. This impasse keeps issuance rules unresolved and holds back any near-term approvals for regulated KRW-pegged stablecoins, source: CoinMarketCap. For traders, the lack of a defined framework signals continued regulatory uncertainty in Korea’s stablecoin market and delays clarity for potential issuers and exchanges, source: CoinMarketCap.