Active retail investor engagement powers Korea to become rule setter in global digital finance: blockchain expert

A law proposed by Rep. Min Byoung-dug of the ruling Democratic Party of Korea on the issuance of won-based stablecoins marks Seoul's boldest financial-technology overhaul since broadband first reached every Korean household in the late 1990s. That's according to John Park, head of Korea at Arbitrum, a blockchain infrastructure builder and digital asset manager, who believes that this will help the discipline of money-market funds while still allowing private innovation. “The proposed licensing regime for stablecoin issuers, combined with asset segregation requirements and enhanced disclosure standard, signals a mature regulatory approach. Unlike blanket restrictions seen elsewhere, Korea appears to be building infrastructure that could attract institutional capital while maintaining prudential oversight,” he said in an interview with The Korea Times. By pairing these safeguards with a clear licensing path, regulators may invite global institutions to build here without sacrificing prudential oversight. Park believes this shift in regulatory credibility, more than tax breaks or marketWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times