[South Korean Lawmaker Proposes Stablecoin Regulation Bill: Issuers Must Hold at Least $3.6 Million] According to a report by Jinse Finance, South Korean lawmaker Kim Hyun-jung has introduced a new legislative proposal aimed at regulating stablecoins. The bill requires stablecoin issuers to hold a minimum capital of 5 billion KRW (approximately $3.6 million), submit a robust business plan, maintain necessary facilities and qualified personnel, and obtain approval from the Financial Services Commission (FSC). Additionally, the bill stipulates that stablecoins issued overseas must register with the FSC before entering the South Korean market.