[South Korea's Financial Services Commission Fails to Submit Korean Won Stablecoin Regulation Bill on Time] Earlier this month, South Korea's ruling party urged various ministries and the Financial Services Commission (FSC) to submit the Korean Won stablecoin regulation bill by December 10. However, the FSC failed to meet the deadline. An FSC spokesperson stated that the FSC requires more time to coordinate positions with relevant agencies. Instead of rushing to meet the deadline, the FSC prefers to announce the proposal while submitting the bill to the National Assembly, claiming this approach is to protect the public's right to know.