Deep Tide TechFlow News, April 9th, according to CoinDesk reports, the ruling Democratic Party of South Korea proposed the "Digital Asset Basic Law" this Wednesday, aiming to establish a comprehensive legal framework for the issuance, trading, custody, and supervision of digital assets. The bill classifies value-linked digital assets such as stablecoins pegged to fiat currency or real assets as a special category, requiring issuers to obtain authorized licenses and meet strict standards such as capital thresholds, reserve plans, and redemption obligations. Additionally, the bill will introduce licensing, registration, and information disclosure systems for digital asset businesses, prohibit market manipulation, insider trading, and other misconduct, and propose the establishment of a Digital Asset Committee to coordinate policy efforts.

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