According to Min Byung-deok, a Democratic Party lawmaker, South Korea's digital asset framework law will be finalized by early January 2027 and is expected to complete legislation before the U.S. stablecoin regulations take effect on January 18. The core regulatory proposal requires stablecoin issuers to maintain 100% reserve assets, enable instant redemption, and comply with anti-money laundering (AML) and know-your-customer (KYC) requirements.

The government also proposed postponing digital asset taxation by two years to 2029 and establishing a presidential-level digital assets committee to oversee industry policies. Key discussions are expected to begin next week.

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