South Korea Delays Landmark Crypto Law as Stablecoin Power Struggle Deepens

South Korea’s long-awaited Digital Asset Basic Act (DABA) will not be submitted before 2026, after regulators failed to resolve a fundamental dispute over who should control the issuance of won-pegged stablecoins. The delay underscores growing tension between monetary authorities and financial regulators over the future shape of the country’s digital asset market. source: https://www.ethnews.com/south-korea-delays-landmark-crypto-law-as-stablecoin-power-struggle-deepens/