South Korea is moving to fold 10 digital asset bills into a broader crypto framework while a 22% tax on gains still looms for January 2027. Stablecoins, bank control, and tax policy are colliding fast — and the stakes for users and builders are very real.
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Banks and stablecoin issuers are fighting over the same prize: control of digital money rails. Stablecoins can siphon deposits out of the banking system, while deposit tokens let banks keep the liability and modernize payments without handing the wheel to crypto-native competitors.
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South Korea’s New Crypto Bill Targets Stablecoin Regulation and RWA Oversight South Korea is making waves in the crypto regulatory scene with a draft bill that seeks to bring stablecoins and tokenized real-world assets (RWAs) under the tight grip of existing financial laws. Known as the “Digital Asset Basic Act,” this long-overdue piece of legislation, […]
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