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Stablecoins in South Korea

Regulatory framework and compliance status for stablecoins in South Korea

Overview

Region
Asia Pacific
ISO Code
KR
General Stance
restrictive
Regulatory Framework
Virtual Asset User Protection Act
Effective Date
July 19, 2024
Licensing Required
Yes
Licensing Notes
Strict VA exchange regulations. Foreign stablecoins face restrictions. Won-backed stablecoins preferred.

Regulator

FSC / FIU
Official Website →

Permitted Stablecoins

0

No explicitly permitted stablecoins found.

Restricted/Prohibited

0

No restricted or prohibited stablecoins found.

Disclaimer: This information reflects issuer disclosures and regulatory guidance as of the dates indicated. Regulations change frequently. Verify current status with qualified legal counsel before making decisions. This registry does not provide investment advice.