Rep. Kim Sang-hoon, who chairs the People Power Party's Special Committee for Stock and Digital Asset Value-up, stated that immediately after the local elections, he would put the Digital Asset Framework Act (Phase 2 legislation) related to stablecoins on the agenda and begin deliberation. According to E-Daily, Rep. Kim emphasized at the '2026 Global Stablecoin Trends and Opportunities for Korea's Digital Economy' seminar held at the National Assembly in Yeouido, Seoul, on the 12th, "The domestic virtual asset market has grown this far thanks to the efforts of startups, but the government's role has so far been limited to regulation. Now is the time to focus on fostering and institutionalizing the stablecoin market." Originally, the National Assembly had planned to discuss the Digital Asset Framework Act related to stablecoins in a subcommittee today, but it was excluded from the agenda.
