[Exclusive] Government's Digital Asset Act proposal 'slimmed down' to 135 articles... 'Bank-led stablecoin issuance' likely to be delegated to enforcement decree.
The outline of the South Korean government's Digital Asset Basic Act has been revealed. The bill has been streamlined to 135 articles, down from the ruling party's initial 171, with controversial clauses removed. It is expected to be submitted to the National Assembly as early as the 6th after review by the Virtual Asset Committee, with key issues like bank-led stablecoin issuance to be detailed later in an enforcement decree.
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"[Exclusive] Government's Digital Asset Act proposal 'slimmed down' to 135 articles... 'Bank-led stablecoin issuance' likely to be delegated to enforcement decree." — BullBear's AI rates this story as a bullish (positive) signal for markets, with a market-impact score of 70 out of 100. The outline of the South Korean government's Digital Asset Basic Act has been revealed. The bill has been streamlined to 135 articles, down from the ruling party's initial 171, with controversial clauses removed. It is expected to be submitted to the National Assembly as early as the 6th after review by the Virtual Asset Committee, with key issues like bank-led stablecoin issuance to be detailed later in an enforcement decree. Reported by Maeil Business on March 03, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.
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