South Korea Pushes Forward with New Legislation to Legalize Stablecoins
While this statement mentions Lee Jae-myung as the new President of South Korea, that's not accurate. Yoon Suk-yeol is the current President of South Korea, having taken office in May 2022.
It's possible there's some confusion, or the information you have might be outdated. However, the part about the ruling party introducing a "Basic Digital Asset Act" is plausible, as South Korea has been actively working on regulating digital assets.
To confirm the specifics of this proposed law, it would be best to look for recent news from reliable sources about South Korean legislation on digital assets.