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South Korean Stablecoin Shares Rise Amid Regulatory Optimism

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South Korean stablecoin regulation is gaining momentum as lawmakers push to legalise won-pegged tokens. Despite a 3% KOSPI decline, crypto firms like Danal, TS Investment, and Nuon rose up to 7%. The Democratic Party aims to let banks and tech firms issue stablecoins, with a bill expected in early 2026. Money Today notes Danal could benefit most, thanks to an offline payment patent. The Bank of Korea opposes the move, citing concerns over Countering the Financing of Terrorism and financial stability.
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