South Korean Financial Services Commission: Will proceed with the development of the stablecoin regulatory framework as planned

ChainCatcher news, according to South Korean media reports, the Financial Services Commission of South Korea issued a statement today, emphasizing that it will proceed with the development of the stablecoin regulatory framework as originally planned. The Financial Services Commission refuted reports that dollar stablecoins have become a major channel for capital outflow, pointing out that during the period from November 2024 to February 2025, the inflow and outflow of dollar stablecoins domestically were comparable (approximately 35.3 trillion won).

The Financial Services Commission has listed the "stablecoin regulatory plan" as a top priority in the second virtual assets committee held this January, with plans to complete a detailed review through an inter-agency working group in the second half of 2025.