Kim Min-seok pushes financial reforms including digital asset law, won stablecoins

Kim Min-seok, a lawmaker running for chair of South Korea’s Democratic Party, has included digital asset-related issues in his financial reform agenda, Digital Asset reported. The agenda includes passage of a basic law on digital assets, establishing a legal framework for won-denominated stablecoins, establishing a legal framework for the issuance and distribution of tokenized securities, and investor protection measures. Kim also mentioned regional growth reform, judicial reform, media reform and constitutional revision as other priorities.