🔹 Major Transformations in Cryptocurrency Policy in South Korea 🔹
🚀 With the arrival of President Lee Jae-myung in power, South Korea is witnessing significant changes in the digital assets sector. The key plans include:
✅ Launching a stablecoin backed by the Korean won
✅ Approval of Bitcoin spot exchange-traded funds (ETFs)
✅ Banking reforms to enhance transparency in digital transactions
⚖️ In return, regulatory bodies are working to strengthen investor protection, especially after scandals such as the Terra-Luna collapse, where new laws are expected to be established to regulate the market and reduce potential risks.
🏦 Korean banks are also seeking financial reforms that will allow them to enter the digital assets market, paving the way for a new wave of investments.
