2025-12-30 04:21:09

The Korean government is advancing the legislation of the "Digital Asset Basic Law," planning to introduce a no-fault compensation mechanism and a stablecoin bankruptcy isolation system to further improve the legal framework of the digital asset market. According to the latest developments, the submission time for the relevant draft has been adjusted to next year.

The core content of this bill includes three aspects: First, establishing an investor protection system for digital asset service providers and clarifying the risk management responsibilities of relevant institutions; Second, strengthening information disclosure obligations to ensure market participants can access sufficiently transparent information; Third, allowing legal sales of digital assets in the domestic market to create a regulatory space for industry development. As an important component of digital assets, stablecoins gain higher risk isolation protection through the bankruptcy isolation mechanism. This design aims to protect the rights and interests of holders.

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TokenAlchemist

· 4h ago

honestly the stablecoin bankruptcy isolation thing is just regulatory theater... they'll still find inefficiency vectors when cascades hit

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GateUser-bd883c58

· 4h ago

This move by Korea is quite interesting—faultless compensation + bankruptcy isolation. It seems like they want to imitate Hong Kong's approach.

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ApeWithAPlan

· 4h ago

South Korea is doing the same thing again. What about next year? It seems that regulation is a good thing, but it also depends on how well it is enforced.

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TrustlessMaximalist

· 4h ago

Korea is making big moves again, but does the term "faultless compensation" sound like it's providing a safety net for certain project teams...

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RugResistant

· 4h ago

Damn, Korea's move this time is really ruthless. Stablecoin bankruptcy isolation? Finally, someone remembers us retail investors. Submitting only next year... another year of waiting game. No-fault compensation sounds good, but I'm worried that the implementation will be another story. Investor protection system is easy to talk about, but the key is who will backstop it. Information disclosure? Ha, has there ever been transparency in the crypto world... Legal sales are the real focus; only with regulation can the industry truly take off. I like the bankruptcy isolation move; stablecoins can't collapse my principal.

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StablecoinGuardian

· 4h ago

Korea's recent move is really aggressive. Bankruptcy isolation has directly insured stablecoins, finally someone is taking risk isolation seriously.

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BearMarketSurvivor

· 5h ago

South Korea's recent moves seem quite serious, with no-fault compensation + bankruptcy isolation... It sounds like someone finally wants to properly regulate this market. Honestly, I've been waiting a long time, just worried it will be all talk and no action. If the stablecoin isolation system is truly implemented, it could really save lives.

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