
South Korea’s Ruling Party Unveils Plan to Allow Stablecoins
South Korea’s new President, Lee Jae-myung, is moving quickly to deliver on his campaign pledge to allow local companies to issue stablecoins, giving a further boost to one of the world’s most active digital-asset markets. Lee, a progressive leader who defeated his conservative rival in last week’s presidential election, has been a vocal proponent of stablecoin…