#SouthKoreaCryptoPolicy

South Korea has recently elected Lee Jae-myung as its new president, and his administration is expected to bring significant changes to the country's crypto policies 1 2. His plans include:

• Legalizing spot crypto ETFs to allow institutional investment in digital assets

2

• Launching a won-backed stablecoin to reduce reliance on foreign

stablecoins like USDT and USDC 1.

• Creating an integrated monitoring system to oversee crypto activities and ensure transparency 1.

• Allowing the national pension fund to invest in digital assets, including

Bitcoin 2 .

• Easing banking restrictions for crypto firms and exchanges