South Korea adopts a more flexible policy towards digital currencies, as President Lee Jae-myung works to enhance transparency and protect investors. This includes the launch of cryptocurrency exchange-traded funds (ETFs) and the adoption of a stablecoin backed by the Korean won to reduce reliance on foreign currencies. The government also aims to pass the Digital Asset Basic Act (DABA) to establish a clear regulatory framework for the sector. The Financial Services Commission (FSS) oversees the market to ensure compliance with new laws, while the rapid growth of cryptocurrency trading continues, at times exceeding the trading volumes of the KOSPI and KOSDAQ exchanges, reflecting the increasing popularity of digital assets in the country.