[South Korean Government Launches Legislative Discussions on the 'Basic Act on Digital Assets' Today, Focusing on Stablecoin Regulation] According to Edaily, the South Korean government will hold a forum today, hosted by Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho, to officially launch legislative discussions on the 'Basic Act on Digital Assets (Phase Two),' with a focus on stablecoin regulation. This forum marks the first government-hosted and organized stablecoin legislative forum. The South Korean government and the ruling Democratic Party plan to push for the bill's passage within this year. In the economic growth strategy for 2026 released on July 14, authorities stated their intention to advance the legislation of the 'Basic Act on Digital Assets' in the second half of the year, segment the digital asset industry, establish a regulatory framework for business conduct, and lay the legal foundation for the standardization of stablecoin regulation.