South Korea's Digital Asset Basic Act is facing delays due to disagreements among regulators regarding the issuance of won-pegged stablecoins. This regulatory uncertainty impacts one of Asia's most active crypto markets. The debate centers on determining which entities should be authorized to issue these stablecoins. The delay extends the period of ambiguity for crypto businesses operating in South Korea, as they await clear guidelines on digital asset regulation.

South Korea's Digital Asset Basic Act is facing delays due to disagreements among regulators regarding the issuance of won-pegged stablecoins. This regulatory uncertainty impacts one of Asia's most active crypto markets. The debate centers on determining which entities should be authorized to issue these stablecoins. The delay extends the period of ambiguity for crypto businesses operating in South Korea, as they await clear guidelines on digital asset regulation.