South Korea's parliament just dropped an ultimatum on financial regulators: deliver a stablecoin regulation draft by December 10th, or lawmakers will take matters into their own hands. The clock's ticking as legislators push for clearer crypto oversight, signaling they're done waiting around for regulatory foot-dragging on digital asset frameworks.
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Degen4Breakfast
· 2h ago
This move by South Korea is basically forcing the issue. If the regulators keep delaying, they'll have to draft the bill themselves. Now things are getting interesting.
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TokenSleuth
· 23h ago
Finally, there are lawmakers brave enough to put pressure on the regulatory authorities. However, these deadlines usually end up being empty threats. I'll bet 5 bucks that nothing will come out by December 10...
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MEVSupportGroup
· 23h ago
Haha, alright, South Korea is really anxious about this. They've stated that if there is still no movement by December 10th, they will take action themselves? This is the PI.
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NewPumpamentals
· 23h ago
The ultimatum trap, Korea is really anxious about this haha.
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MaticHoleFiller
· 23h ago
South Korea is playing this hand well, but I wonder if the regulatory authorities will really be forced to come up with something.
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quietly_staking
· 23h ago
Ha, finally someone dares to put pressure on the regulatory authorities. If this drags on, it will really never end.
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UnluckyMiner
· 23h ago
South Korea is really in a hurry this time, with a deadline on December 10... The regulatory authorities need to act quickly, right?
South Korea's parliament just dropped an ultimatum on financial regulators: deliver a stablecoin regulation draft by December 10th, or lawmakers will take matters into their own hands. The clock's ticking as legislators push for clearer crypto oversight, signaling they're done waiting around for regulatory foot-dragging on digital asset frameworks.