South Korea Delays Stablecoin Regulations as DeepSnitch AI Gains Momentum
South Korea's Financial Services Commission (FSC) missed a critical deadline to draft stablecoin legislation, fueling market uncertainty. The delay stems from a dispute between the Bank of Korea and the Democratic Party’s Digital Asset Task Force over issuer eligibility. The central bank favors restricting issuance to bank-led consortia, while lawmakers oppose monopolistic control.
Meanwhile, DeepSnitch AI emerges as a standout crypto presale opportunity, having raised $820,000 ahead of its January launch. The project offers early backers a 100% bonus, positioning itself as an alternative investment amid regulatory ambiguity in traditional crypto assets.