TechFlow news, April 17 — According to South Korean media, the Financial Services Commission (FSC) released a statement today emphasizing its commitment to advancing the stablecoin regulatory framework as originally planned. The FSC refuted reports claiming that dollar-denominated stablecoins have become a major channel for capital outflow, pointing out that from November 2024 to February 2025, the scale of domestic inflows and outflows of dollar-pegged stablecoins was roughly balanced (approximately 35.3 trillion KRW). The FSC had already listed the "stablecoin regulation plan" as a top agenda item during its second Virtual Asset Committee meeting in January and plans to complete a detailed review through an inter-agency working group in the second half of 2025.
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