Democratic Party lawmaker Min Byung-duk called for completing South Korea's Digital Asset Basic Act before January 9, 2027, to align with the U.S. stablecoin regulatory regime taking effect on January 18. Speaking at a discussion session on November 13, Min argued against restricting won-denominated stablecoin issuance to bank-majority consortia, advocating instead that any entity meeting requirements such as 100% reserves and instant redemption should be permitted to participate. Min also proposed establishing a presidential digital asset committee, extending the crypto tax implementation date to 2029, and allowing three-year loss carryforwards for digital asset investors. The push reflects growing urgency in Seoul to finalize its comprehensive crypto framework amid accelerating global regulatory developments.