#SouthKoreaCryptoPolicy Key Points

Research suggests South Korea’s crypto scene is growing, with new pro-crypto policies under President Lee Jae-myung.It seems likely that legalizing spot crypto ETFs and easing regulations will boost the market.The evidence leans toward strong political support, with over 18 million users already active.There’s potential for South Korea to lead globally in crypto regulation, though outcomes depend on implementation.BackgroundSouth Korea has a vibrant crypto market, with significant user engagement and political interest. The recent presidential election on June 3, 2025, saw Lee Jae-myung win, promising to transform the crypto landscape.Recent DevelopmentsLee Jae-myung’s victory is seen as a boost for crypto, with plans to legalize spot crypto ETFs and allow the national pension fund to invest in cryptocurrencies. These policies aim to integrate crypto into the financial system, supported by a Digital Asset Committee.ImplicationsThese changes could attract more investment and innovation, positioning South Korea as a global leader. However, the success depends on how these policies are implemented.