The Bank of Korea (BOK) stated in its latest payment system report that it will actively participate in the construction of the national stablecoin regulatory framework to reduce potential currency and financial risks. At present, South Korea is advancing the second phase of cryptocurrency legislation, focusing on stablecoin regulation, classification of cryptocurrency service providers, and transparency of token disclosure. The bill is expected to be drafted in the second half of this year. According to data, as of the end of 2024, the number of cryptocurrency investors in South Korea has reached 18.25 million, accounting for over 35% of the total population. （The Block） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41232