#SouthKoreaCryptoPolicy South Korea is making **major 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**.
### 🔥 **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. 🚀 🔥