South Korea news brief
South Korea moves to classify stablecoins as payment instruments under forex law
🇰🇷 South KoreaNEWS DESKPublisher image not supplied
NEWS DESKSouth Korea
PUBLISHEDOct 21, 2026, 5:00 PM
What the source reports
South Korea is amending its Foreign Exchange Transactions Act to classify stablecoins as a means of payment, targeting dollar token outflows.
Main source: Bing News – South Korea
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