The Financial Services Commission (FSC) of South Korea has delayed the release of a draft of its Digital Asset Basic Act because it has disagreements with the Bank of Korea (BOK) about who should regulate the issuance of stablecoins and what the regulations should be. The delay moves the hopes of a converging framework to late 2025 or early 2026 as regulators strive to work out the divergent opinions of bank intervention and the role of the private sector.
Regulators Are Fighting Over Bank Dominance.
The essence of the dispute is whether banks should be on the forefront in issuing stablecoins. The BOK, which needs at least 51 % to be bank-owned to ensure monetary stability, and FSC, which believes excessive bank control will prevent innovation in the rapidly expanding digital asset business, are at odds. The legislators have put a strain on financial authorities to submit a draft by December 10, or face the possibility of a law being enacted on its own in case of missed deadline.
Possible Regulatory Environment and Effect.
In its current form, the Digital Asset Basic Act could require consortium-based issuance of stablecoins, in which banks retain majority ownership but allow technological and other fintech firms to participate. The focus is to protect consumer protection and systemic risk and to facilitate digital asset innovation. The extended negotiation underscores the bigger issues regarding having to strike a balance between regulatory control and expansion of blockchain-based financial products.
LXYZ: A Top Presale Crypto to follow.
The hype of top presale crypto LXYZ is growing as the meme coins such as PEPE decline, and investors pursue newer opportunities in Solana. The initial issue price per token is 0.10 (Phase 1), and the next tier price is 0.15, which indicates early traction of LXYZ. To date, the project has collected over $111,000 and has 1,101 holders, making it an interesting competitor in the digital assets at an early stage.
Extensive Audit Qualifications and Safety.
Source – SolidProof X
The auditors of LXYZ include SpyWolf, QuillAudits and SolidProof , providing investors with additional confidence in the integrity and security of the smart contracts of the project. Such third-party reviews contribute to ensuring that the presale is carried out under strict criteria and is in accordance with the best practices in the new cryptos.
Strategic Focus and Future Potential.
LXYZ, unlike meme assets that fade away, is created on a derivatives-oriented protocol on Solana, which aims to enable more liquidity and enhanced trading opportunities. Its systematic roadmap encompasses major milestones of development and collaborations that may expand ecosystem engagement and practical examples.
Why Buy into LXYZ Now
LXYZ is an early entry point with good audit support and leading position in the presale crypto market before the prices increase. Investors who have interest in the projects with high utility and growth will want to participate in the current presale in Phase 1 with a price of 0.10 before it shifts to 0.15 in Stage 2.
Conclusion:
With regulatory uncertainty spilling over to the rest of crypto sentiment and meme tokens such as PEPE cooling off, opportunities such as LXYZ have an advantage of being well-audited, utility-based projects. Investors can make good use of the opportunity by purchasing into the LXYZ presale at a lower price before the prices go higher with Phase 1 pricing existing at 0.10.
For more information about LXYZ visit the links below:
Website: https://l.xyz/
Buy Presale- https://l.xyz/#sale
Twitter/X: https://x.com/ldotxyz
Telegram:https://t.me/ldotxyz / https://t.me/lxyzgroup
