South Korea’s new president Lee Jae-myung is expected to lead major crypto reforms, including:
🔹 Enacting the Digital Asset Basic Act (DABA): stablecoin regulation, clearer rules for crypto firms, and a self-regulatory industry body
🔹 Supporting spot crypto ETFs and allowing the National Pension Service to invest in digital assets
🔹 Proposing a centralized, fiat-backed Korean won stablecoin, aimed at cross-border use and protecting local investors
💬 What are your thoughts on South Korea’s new crypto direction? Could these reforms set the tone for broader adoption across Asia?
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