South Korea Proposes 500 Million to 1 Billion Won Capital Requirements for Stablecoin Issuers
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币界网报道：South Korea's Financial Services Commission (FSC) has proposed new regulations requiring stablecoin issuers to maintain capital reserves between 500 million to 1 billion won ($375,000-$750,000) to mitigate risks. The draft rules, set for implementation by July 2024, also mandate issuers to hold reserves in low-risk assets like cash or government bonds and undergo regular audits. These measures aim to enhance transparency and stability in the growing stablecoin market, aligning with global efforts to regulate digital assets. The FSC is seeking public feedback until mid-October before finalizing the framework.
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