TechFlow news: On March 7, according to South Korea’s Herald Economy, the Financial Services Commission (FSC) of South Korea is drafting guidelines for corporate digital asset trading. Notably, USD-pegged stablecoins such as USDT and USDC will be excluded from the list of permitted investment assets. The reason is that stablecoins are not yet recognized under the Foreign Exchange Transaction Act as legitimate means of foreign payment; related legislative amendments remain under review in the National Assembly, and including stablecoins would create contradictions within the legal framework. These guidelines will be officially released after the Digital Asset Basic Act is enacted.
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