South Korean delegation meets with U.S. SEC on crypto regulation

A South Korean government delegation has met with the U.S. Securities and Exchange Commission (SEC) to discuss ways to reduce the gap in cryptocurrency regulations between the two countries, Decrypt reported. The talks focused on stablecoin regulation, security token offerings (STO), and cross-border regulatory cooperation. According to meeting minutes released by the SEC, the South Korean side indicated that its process of establishing a legislative framework for virtual assets is significantly influenced by the regulatory direction and legislative progress in the United States.