Korea's Stablecoin Bill Stalled Over Bank Control Rules
- Bill Stalemated: South Korea's Digital Asset Basic Act is delayed due to disputes over stablecoin issuer rules, with expectations pushing the timeline to 2026, which hampers domestic market competitiveness and innovation.
- Bank-Led Model: The Bank of Korea advocates for a bank-led consortium model for stablecoin issuance, requiring at least 51% bank ownership, which could limit participation from non-bank entities and affect market dynamism.
- Market Demand: As of June 2025, stablecoin purchases denominated in Korean won totaled approximately $64 billion, highlighting the importance of stablecoins for local traders; without a trusted local option, users will continue relying on foreign stablecoins.
- Regulatory Framework: South Korean regulators are working on defining stablecoin issuance and supervision rules, and while current disputes slow progress, this will lay the groundwork for future financial stability and market innovation.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 5 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00251 | 0.0161 | 0.0263 | 0.0399 | 0.0501 | 0.0637 | 0.0739 |
| Fibonacci | 0.0161 | 0.0252 | 0.0308 | 0.0399 | 0.049 | 0.0546 | 0.0637 |
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