[South Korean Leader Proposes Bank-Led Stablecoin Issuance Model] According to a report by Jinse Finance, Kim Byung-kee, the floor leader of South Korea's ruling Democratic Party, proposed that stablecoins should be issued by a consortium led by banks, which could include cryptocurrency exchanges and other financial institutions. He believes this model can reduce the risks associated with financial products issued solely by exchanges. This move highlights the necessity of establishing a more comprehensive regulatory framework for stablecoin issuance in the rapidly evolving cryptocurrency sector.