South Korea's National Assembly is targeting introduction of the Digital Asset Framework Act's second-stage legislation before the Chuseok holiday, but the timetable faces uncertainty because the Financial Services Commission's government draft has not yet arrived. Yoo Dong-soo, chairman of the Political Affairs Committee, is set to introduce a Democratic Party-government consolidated bill as lead sponsor once the draft is submitted. The Democratic Party and government have not finalized measures covering a bank-centered 50%+1 share consortium or equity restrictions on major shareholders of virtual asset exchanges. Options under review include phased divestment, voting-rights limitations, a statutory equity baseline of 15% to 20%, exceptions allowing holdings of up to 34% through enforcement decrees, and a grace period extending to 2030. Min Byung-duk said the National Assembly will hold a public hearing in late September regardless of when the government draft arrives. Ten digital-asset and stablecoin bills are currently pending, while the FSC has previously assessed delays to second-stage virtual-asset legislation and a stablecoin framework as insufficient or somewhat insufficient. The commission has also planned work through 2028 on subordinate regulations and supporting digital-asset infrastructure, including industry associations.