#SouthKoreaCryptoPolicy South Korea is making **big moves** in crypto policy under its new leadership. President **Lee Jae-myung** is pushing for **pro-crypto reforms**, aiming to **legalize spot crypto ETFs** and allow the **National Pension Service to invest in digital assets**[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://ambcrypto.com/south-koreas-president-lee-reveals-why-crypto-is-a-national-growth-engine/?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").

### 🔥 **Key Policy Shifts**

- **Digital Asset Basic Act (DABA)**: A framework to regulate and expand crypto markets.

- **Institutional Adoption**: Banks and pension funds may soon enter the crypto space.

- **Stablecoin Development**: Plans to launch a **KRW-backed stablecoin** for financial modernization.

- **Regulatory Easing**: Relaxing banking restrictions to boost crypto exchange partnerships.

South Korea’s crypto-friendly stance could **set a global precedent** for digital asset integration. 🚀 🔥