Korea’s Crypto Reform Hits The Brakes: Bank Turf Wars, Draconian Stablecoin Demands, and Builder Exodus Loom

South Korea just tossed its long-touted crypto regulatory overhaul into bureaucratic limbo, promising nothing but legislative gridlock for at least two more years. The stablecoin segment is the live wire: financial regulators want bulletproof reserves and TradFi-like protections, while the central bank salivates over a banking cartel monopoly on all future digital cash infrastructure. The two heavyweights are deadlocked—innovation is collateral damage. Builders must brave a watchful surveillance state, murky rules, and threats of even tighter control. When (or if) new rules land in 2026, expect either a rebirth of hamster-wheel compliance or a sudden bull run in local projects if stricter ICOs are allowed back. Until then? Maximum uncertainty. Universal frustration. Continue to read Korea’s Crypto Reform Hits The Brakes: Bank Turf Wars, Draconian Stablecoin Demands, and Builder Exodus Loom