According to Edaily, South Korean lawmaker Kim Sang-hoon, chairman of the Digital Assets Special Committee of the People Power Party, expressed concerns over equity restrictions on cryptocurrency exchanges at an academic conference. He called for prioritizing the advancement of the Digital Asset Basic Act (Phase II legislation) related to stablecoins to avoid missing the golden legislative window amid equity regulation disputes. He noted that the issuance and circulation of the Korean won stablecoin KRWQ overseas has already become a reality, posing a serious challenge to monetary sovereignty. Kim Sang-hoon emphasized that the law should provide predictability to the market, offer clear guidance for operators, and establish effective safety mechanisms for users.