💥 Gate Square Event: #PostToWinCC 💥
Post original content on Gate Square related to Canton Network (CC) or its ongoing campaigns for a chance to share 3,334 CC rewards!
📅 Event Period:
Nov 10, 2025, 10:00 – Nov 17, 2025, 16:00 (UTC)
📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
CandyDrop: https://www.gate.com/announcements/article/48092
Earn: https://www.gate.com/announcements/article/48119
📌 How to Participate:
1️⃣ Post original content about Canton (CC) or its campaigns on Gate Square.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostTo
South Korea is racing to finalize regulations on stablecoins.
South Korea is about to finalize the stablecoin bill, while the Central Bank (BOK) and the Financial Services Commission (FSC) compete for oversight authority. The FSC plans to present the bill before the end of 2025, competing with five other bills in the National Assembly. The BOK wants banks to issue stablecoins to ensure financial stability, while the FSC believes stablecoins fall under the management of virtual assets.
President Jae-Myung Lee is committed to making South Korea a digital asset hub, promoting the issuance of won-backed stablecoins. However, experts warn that stablecoins have low returns and need to be tied to real-world applications such as ETFs or cross-border payments.
BOK is concerned that the stablecoin pegged to the won could cause fluctuations in the exchange rate and capital flow. Currently, two stablecoins KRWX and KRW1 have been announced but are still under testing, waiting for a unified legal framework between BOK and FSC.