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South Korean committee drops stablecoin bill from agenda
South Korea’s National Policy Committee subcommittee left a proposed basic act on digital assets off today’s finance legislation agenda, delaying stablecoin-related discussions. The Capital Markets Act will still be discussed at the meeting. This is the subcommittee’s final meeting for the first half of the year, and deliberations on the digital asset bill are now expected only after a new parliamentary session is formed following the June 3 local elections.