With legislation on South Korea\'s Digital Asset Framework Act delayed, traditional financial firms are moving to secure a foothold in the stablecoin market. Banks and card companies are signing MOUs with global blockchain and payment infrastructure firms and conducting proof-of-concept tests. Several bills remain pending in the National Assembly, while key rules such as issuance requirements, reserve regulation and user protections are not yet detailed. Industry officials expect rivalry to intensify as delays persist.

Ethereum and Solana face significant security risks in a future era of quantum computers, an analysis said. Quantum security group Project Eleven assessed that about 65 percent of Ethereum and virtually all of Solana are vulnerable to quantum attacks that could undermine public-key cryptography. It cited risks to Ethereum validator keys and Solana addresses that embed public keys. The Ethereum Foundation and Solana ecosystem developers are preparing post-quantum upgrades, with timelines extending into the next decade.