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06/12 00:32

South Korea’s stablecoin bill sparks KAIA’s 20% ju

South Korea’s stablecoin bill sparks KAIA’s 20% jump: More gains ahead?


South Korea’s crypto bill just sent KAIA flying…here’s what we know!Kelvin-_41_-768x432.webp

  • KAIA jumped 20% in 24 hours amid South Korea’s proposal to regulate stablecoins and digital assets.
  • The Klaytn-Finschia merger positioned KAIA as a bet on regional infrastructure growth and regulatory clarity.

Kaia [KAIA], the native token of the merged Klaytn-Finschia network, surged over 20% in the past 24 hours.

The price jump coincided with the introduction of South Korea’s new bill regulating stablecoins—a move that appears to have sparked renewed optimism in the region’s digital asset space.Naturally, KAIA, born out of a merger between two major South Korean chains, stands to benefit from this regulatory clarity.The token’s rally may reflect market anticipation around growing adoption and infrastructure support under the new framework.

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