South Korea's push for institutional infrastructure is driven by two trends: stablecoins and real-world asset (RWA) tokenization.
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A National Assembly committee adopted amendments taxing stablecoin swaps and crypto exits by wealthy holders, then rejected the 2027 budget's revenue section.
Tron records show a 2 million USDT conversion through USDD’s stability module; Bitquery estimates Tether froze $10 million across the wider theft cluster.
The Argentina-first initiative would let customers convert eligible deposits into ONED USD, transfer it around the clock and spend through Visa.
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
