币界网报道：South Korea's Financial Services Commission (FSC) has announced plans to regulate won-pegged stablecoins under the Electronic Financial Transactions Act, requiring issuers to obtain approval and maintain reserves in domestic banks. The new rules, set to take effect in July 2024, will classify stablecoins as electronic prepayment methods and mandate 1:1 backing with Korean won deposits or short-term government bonds. Stablecoin operators must also implement real-time monitoring and submit monthly reserve reports to authorities. The FSC emphasized these measures aim to protect users and prevent money laundering risks, while allowing only licensed financial institutions to issue large-scale stablecoins. This regulatory framework follows global trends of increasing oversight on stablecoins after TerraUSD's collapse in 2022, which caused significant investor losses in South Korea. The government plans to introduce additional legislation next year to address decentralized finance (DeFi) platforms utilizing stablecoins.