币界网报道：On June 10, the ruling Democratic Party of Korea proposed a draft of the Basic Law on Digital Assets, which allows local companies with registered capital exceeding 500 million won (about 368,000 US dollars) and full reserves to issue Korean won stablecoins. This move will make South Korea the first major economy in Asia to legalize non-bank stablecoins. President Lee Jae-myung's government simultaneously promotes the landing of BTC/ETH spot ETFs, allows pension funds to allocate crypto assets, and establishes a digital asset regulatory bureau to build a crypto financial system of "legality + security + sustainability". The Bank of Korea participates in the BIS's Agorá project and establishes a regulatory framework of "stablecoin issuance belongs to the FSC and monetary regulation belongs to the central bank". KakaoPay's stock price rose 18% in a single day under policy stimulus, but analysts warn of the need to guard against policy and asset bubble risks. Currently, about one-third of the population in South Korea participates in crypto investment. The new regulations are expected to reduce transaction costs and enhance the certainty of local currency transactions, pushing South Korea to become a key node in the global crypto industry.