A South Korean lawmaker has called on the government to expedite the legalization and adoption of stablecoins, emphasizing their importance in the evolving global financial landscape. The lawmaker urged collaboration with traditional financial institutions to integrate stablecoins into the financial system, warning that delays could leave South Korea behind as global payment standards advance. Highlighting stablecoins as crucial for cross-border payments and trade settlements, the lawmaker stressed the need for rapid and effective implementation.
South Korean Lawmaker Calls for Swift Legalization of Stablecoins
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