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🚨 CRYPTO: SOUTH KOREA'S DEMOCRATIC PARTY DRAFTS LAW TO REGULATE RWAs AND STABLECOINS UNDER EXISTING FINANCIAL RULESSouth Korea's ruling Democratic Party proposed the Digital Asset Basic Act, a framework that would bring tokenized real-world assets and stablecoins under existing financial law. RWA tokens must be backed by underlying assets held in managed trusts under the Capital Markets Act. Stablecoins would be treated as a recognized payment method under the Foreign Exchange Transactions Act.Stablecoin is ...