2025-12-30 06:22:33

Major changes are coming to South Korea's digital asset regulation. The government version of the "Digital Asset Basic Law" may be delayed until next year, but the new draft significantly increases investor protection provisions. Among the most notable is the new regulation on stablecoins—issuers are required to hold reserves exceeding 100%, which must be backed by banks or government bond assets to ensure sufficient reserves. At the same time, digital asset service providers will also bear more responsibilities, especially in terms of compensation obligations in the event of hacking attacks or system failures. These measures reflect the regulatory authorities' emphasis on market risks, with a particular focus on gradually enhancing protections for retail investors.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

ParallelChainMaxi

· 4h ago

100% Reserve? Haha, now stablecoins have to honestly lie flat, it feels like giving retail investors a safety net. --- Hacking attacks also require compensation? This time, exchanges are probably going to tighten up. The days of passing the buck are over. --- South Korea's move is fierce, but it's only being submitted next year... Same old delaying tactics. --- Custody of reserves by banks? Basically, it means no longer trusting exchanges. That's hilarious. --- Finally, a country dares to put a leash on stablecoins. When will others follow suit? --- Upgrading retail investor protection, is this good news? ...Although it seems like fees are going to rise again. --- The 100% reserve threshold, how many small coins will be phased out? --- System failures also require compensation. Are those跑路 platforms panicking now? --- The real test is here—see who can get the reserve thing sorted out. --- Regulations are tightening, but why does it still feel like they can't keep up with the chaos in the crypto world?

View OriginalReply0

RektRecorder

· 5h ago

100% reserve? Now stablecoins will truly be stable, no more tricks Korea's recent regulation is quite strict, service providers have to compensate... it feels like exchanges are not having a good time Delayed again, new regulations again, after all the fuss, is this it? But at least they are finally serious about protecting retail investors With the compensation obligation in place, those platforms that were hacked easily before will tremble 100% reserve custody makes it hard to run away, this move is quite clever Regulations are tightening more and more, the small crypto circle is about to change... is it good or bad

View OriginalReply0

CryptoPhoenix

· 5h ago

This wave of regulation is really protecting us. The 100% reserve strategy is brilliant. Finally, someone is thinking about retail investors. Hackers also have to pay, which makes us feel more secure. Postponed until next year? No problem. Only those who can stay calm can wait for the moment of rebirth. With stablecoins having a strong backing, our bottom range is more secure. Another day of market protection. Believe that this round of adjustment is building momentum for the next step.

View OriginalReply0

mev_me_maybe

· 6h ago

100% reserve? Korea is really turning stablecoins into demand deposits Both delaying and increasing the amount, the regulatory pace is truly impressive Speaking of the hacker attack compensation clause, the days ahead for exchanges are probably going to be even tougher If this continues, stablecoins will be worth something, as they need real gold and silver backing them Retail investors are well protected, but transaction costs might skyrocket

View OriginalReply0

Ramen_Until_Rich

· 6h ago

South Korea is really serious this time, with 100% reserves directly topped up, and stablecoins must honestly stay in the bank. Wait, what does this mean... does it make it even harder for exchanges to run away later? Honestly, it's a bit annoying, another regulatory tightening, but... maybe it's not a bad thing. Submitting only next year? Alright, keep waiting, anyway I'm used to it. If hackers come, they still have to compensate, now the trading income is tight haha

View OriginalReply0