#SouthKoreaDraftLawTargets15To20%ShareholderCap
🏦 The Cap Was Only Half the Draft. Banks May Get Won Coins.
Seoul's bill, due this month, also aims to decide who may issue won stablecoins.
📊 The FSC chair said the bill could run to 135 articles
🏦 Won stablecoins are expected to go through bank-led consortiums
⚠️ Fintechs want in; the FSC and Bank of Korea favor bank groups
📅 The ruling party ties the law to delaying next year's crypto tax
Why it matters: one bill could recast ownership and who issues the won coin.
Bank-only won coins, or open issuance by Nov 30? 👇
$BTC
#SouthKoreaDraftLawTargets15To20%ShareholderCap #Korea #Stablecoins
🏦 The Cap Was Only Half the Draft. Banks May Get Won Coins.
Seoul's bill, due this month, also aims to decide who may issue won stablecoins.
📊 The FSC chair said the bill could run to 135 articles
🏦 Won stablecoins are expected to go through bank-led consortiums
⚠️ Fintechs want in; the FSC and Bank of Korea favor bank groups
📅 The ruling party ties the law to delaying next year's crypto tax
Why it matters: one bill could recast ownership and who issues the won coin.
Bank-only won coins, or open issuance by Nov 30? 👇
$BTC
#SouthKoreaDraftLawTargets15To20%ShareholderCap #Korea #Stablecoins
