Core Viewpoint - The controversy surrounding South Korea's bank-led issuance plan for the Korean won stablecoin has led the Financial Services Commission to support a proposal from the central bank that imposes restrictions on stablecoin issuance [1] Group 1: Regulatory Framework - The proposed amendment to the law allows only bank-controlled consortiums to issue stablecoins, requiring banks to maintain majority control while allowing tech companies to be the single largest shareholders [1] - The stablecoin issuers must have a minimum paid-in capital of 5 billion KRW (approximately 3.7 million USD), with potential future increases to this threshold [1] Group 2: Compliance and Penalties - The law aims to impose higher IT stability requirements on cryptocurrency exchanges and mandates compensation for losses due to hacking incidents [1] - Penalties for non-compliance could reach up to 10% of annual revenue for stablecoin issuers [1]
韩国要求银行控股过半才能发行稳定币，且需保持多数控制权
Xin Lang Cai Jing·2026-01-08 09:38