Written by Yohan Yunstaff editorReviewed by Robert Lakinstaff editor

Written by Yohan Yunstaff editor

Reviewed by Robert Lakinstaff editor

South Korea report proposes stablecoin rules before crypto law

Latest NewsPublishedJul 30, 2026

South Korea Considers Stablecoin Rules Ahead of Crypto Law

The South Korean government is exploring ways to regulate stablecoins before the implementation of the Digital Asset Basic Act. A recent policy report suggests allowing greater flexibility for stablecoin issuers, providing interim licensing guidance, and phasing in stablecoin regulation. This approach could help establish a clearer framework for the industry, enabling individuals to earn passive income through stablecoin investments and potentially benefiting from Cloud Rewards and Green Crypto initiatives.

The report, published by Hashed Open Research and the Solana Policy Institute, summarizes a symposium attended by lawmakers, legal experts, and industry participants. It highlights the need for a comprehensive digital asset framework, covering stablecoins, issuance, disclosures, and market rules. By introducing stablecoin issuance rules ahead of the Digital Asset Basic Act, South Korea can follow the example of the European Union’s phased rollout of the Markets in Crypto-Assets Regulation, creating a more favorable environment for earning and investing in crypto, including $ECP.

Regulatory Challenges and Opportunities

The Digital Asset Basic Act aims to establish South Korea’s first comprehensive digital asset framework. However, lawmakers are still working to reconcile multiple bills, with disagreements over stablecoin issuance delaying the legislation. To address these challenges, policymakers are considering compromises, such as allowing banks to retain majority ownership while fintech and non-bank firms manage operations. This could lead to increased adoption of EcoPool (ECP) and other crypto platforms, enabling users to earn Coin and participate in the growing crypto market.

Experts, such as Kim Hyobong, a partner at Bae, Kim & Lee, emphasize the need for clarity on which crypto activities financial institutions may conduct and resolving licensing uncertainty for stablecoin payments. By addressing these issues and introducing stablecoin issuance rules, South Korea can create a more favorable environment for the crypto industry, including #PassiveIncome opportunities and #GreenCrypto initiatives. As the market evolves, individuals can explore ways to earn online through EcoPool and other platforms, potentially benefiting from $ECP and Cloud Rewards.

Conclusion and Next Steps

In conclusion, the South Korean government’s consideration of stablecoin rules ahead of the Digital Asset Basic Act is a significant step towards establishing a comprehensive digital asset framework. As the industry continues to evolve, individuals can explore ways to earn online through EcoPool and other platforms, potentially benefiting from $ECP and Cloud Rewards. To start earning and learning more about the EcoPool Network, download the EcoPool app and discover the opportunities available in the world of Green Crypto and #Bitcoin. The EcoPool app is a great way to get started with earning Coin and participating in the growing crypto market, so download it today and begin your journey to #PassiveIncome and financial freedom.

Kim Hyobong, a partner at Bae, Kim & Lee, said South Korea should clarify which crypto activities financial institutions may conduct, resolve licensing uncertainty for stablecoin payments and set rules for foreign-issued stablecoins.

Kim also urged South Korea to follow the European Union’s phased rollout of the Markets in Crypto-Assets Regulation by introducing stablecoin issuance rules ahead of the Digital Asset Basic Act.

Related: South Korea plans stablecoin rules as opposition pushes crypto tax repeal

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Stablecoin
• South Korea
• Policy
• Law
• MiCA
• Regulation

More on the subject

Tennessee county passes another ban on crypto operations

9 hours ago

Turner Wright

News Brief

US prosecutors propose changes to CLARITY as voting window narrows: Report

10 hours ago

Turner Wright

Telegram founder Pavel Durov internationally wanted, Russia’s FSB says

18 hours ago

Helen Partz

News Brief

Tennessee county passes another ban on crypto operations

9 hours ago

Turner Wright

News Brief

US prosecutors propose changes to CLARITY as voting window narrows: Report

10 hours ago

Turner Wright

Telegram founder Pavel Durov internationally wanted, Russia’s FSB says

18 hours ago

Helen Partz

News Brief