Stablecoin regulation gains attention ahead of South Korean presidential election, with industry calling for swift legislation to activate market and align with global trends
#YonhapInfomax #StablecoinRegulation #PresidentialElection #DigitalAssetLegislation #PaymentMethods #FinancialInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61021

@energisch_ @mina @Nickiquote nah, I think restricting #cash is inherently facist, as there are already existing mechanisms re: #AML that make it redundant.

• As long as #cashless payments ain't as fast, cheap and convenient as cash they'll always be a secondary option.

Not to mention all the #discrimination based off (not having) #access to #PaymentProviders and #PaymentMethods.

• We can already see this with existing giants like #VISA, #MasterCard, #PayPal, #Venmo, #CashApp, #AliPay, #WeChatPay and #SOFORT / #Klarna...
  

There's a reason why #SMSpayment and #Monero are the only ones globally rising as they are fast, convenient and universal, but even they don't replace cash in it's universality.

• Plus having cash on hand is a good thing for #negotiations espechally on #UsedGoods like #cars and #coimputers...