Guide to Korea's Stablecoin Regulation Framework

Korea’s emerging stablecoin framework By Hyun-il Hwang and Mooni Kim, Shin & Kim 5 September 2025 0 235 MAIN HONG KONG South Korea does not yet have a regulatory framework dedicated to stablecoins. Instead, they fall under the general definition of “virtual assets” under the Virtual Asset User Protection Act as being “electronic certificates (including all associated rights) that have economic value and that can be t.