Bit Eagle Analysis: Favorable South Korean Policies

South Korea has announced seven new policies to foster a digital asset ecosystem, planning to open spot ETF trading for BTC and others within the year, and abolishing the “1 Exchange - 1 Bank” limitation to encourage institutional funds to enter the market.

Other policies include introducing a regulatory framework for stablecoins, advancing STO legislation, and formulating a basic law for digital assets.

There are also plans to establish a special committee on virtual assets directly under the presidential candidates to coordinate and promote related reforms.$BTC