The South Korean government may postpone the submission of the "Digital Assets Basic Law" until next year, and plans to include provisions such as no-fault compensation.

The draft of the "Digital Assets Basic Law" (the second phase of the Virtual Assets Act), currently being drafted by the Financial Services Commission of South Korea, has been partially disclosed. The draft is expected to include several investor protection measures, such as requiring stablecoin issuers to invest reserves in assets like deposits and government bonds, and to entrust more than 100% of the outstanding balance to banks or other regulatory institutions to achieve bankruptcy risk isolation.