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South Korea's Crypto Evolution: The Rise of Won-Pegged Stablecoins
Manage episode 490150331 series 3655700
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Welcome to "Crypto E News Today"! Our spotlight is on South Korea's progressive approach to stablecoins as the Democratic Party backs the Digital Asset Basic Act. This legislation allows local issuance of stablecoins pegged to the Korean won, ensuring financial stability and local control. With over 18 million crypto users, South Korea aims to become a leading crypto hub. Stay tuned as we explore this evolving landscape!
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