South Korea2026.11.01Odaily

Gyeonggi Province Abruptly Suspends Stablecoin Project, Casting Doubt on February 2027 Completion

• Gyeonggi Province, one of South Korea's largest provincial governments, has halted its planned stablecoin introduction project.
• The project had originally targeted completion by February 2027, but that timeline is now expected to slip.
• The abrupt suspension raises questions about the province's broader digital currency and blockchain initiative plans.