Techub News reports that, according to Techinasia, the Korea Financial Services Commission (FSC) has shifted its stance to support the stablecoin issuance framework proposed by the Bank of Korea, which emphasizes "bank-led and majority control." The revised bill indicates that stablecoins can be issued by alliances in which banks hold the majority of shares; as long as banks maintain overall majority control, technology companies can become the largest single shareholders. The proposal also requires stablecoin issuers to have a paid-in capital of at least 5 billion KRW and plans to tighten exchange regulations simultaneously, including raising standards for information technology stability, mandatory compensation for hacker losses, and fines of up to 10% of annual revenue.