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Complying with The Digital Asset Basic Act of Korea
The Digital Asset Basic Act of Korea (DABA) – the country’s first comprehensive law for digital assets was passed on June 10th, 2025. The DABA will complement the Korean Virtual Asset User Protection Act (VAUPA) and create clearer licensing, reserve, and operational obligations for stablecoin issuers and other digital asset businesses. Thales’ solutions can help organizations address the Provisions in Section 3 of the DABA by simplifying compliance and automating security, reducing the burden on security and compliance teams.
Organizations can leverage Thales’ suite of identity, application and data security solutions available on a single unified platform to become compliant today and stay compliant in the future. Contact us now!