#SouthKoreaCryptoPolicy
South Korea is embracing a progressively pro-crypto policy, driven by high retail adoption and bipartisan political support. Recent developments indicate a shift towards institutional integration and clearer regulatory frameworks. The newly elected President Lee Jae-myung champions legalizing spot crypto ETFs and introducing a won-backed stablecoin to curb capital flight.
The Financial Services Commission (FSC) is tightening rules, including stricter listing standards for exchanges and enhanced KYC/AML requirements, while simultaneously paving the way for corporate participation. While a 20% capital gains tax on crypto has been delayed until 2027, the focus remains on fostering a secure yet innovative digital asset market, balancing investor protection with industry growth.