#KoreaCryptoRegulations South Korean financial experts and opposition politicians are urging the government to integrate Bitcoin into national reserves and develop a won-backed stablecoin. This push comes in response to the United States' recent cryptocurrency initiatives, including plans for a Bitcoin Reserve. Advocates argue that South Korea risks losing "monetary sovereignty" if USD-pegged stablecoins dominate the digital economy. Industry leaders emphasize the need for clear policies to align with global trends, as countries like Switzerland and Japan have already made significant advancements in cryptocurrency adoption. The Democratic Party has proposed reshaping crypto regulations to strengthen South Korea's position in the evolving financial landscape. These measures aim to enhance economic strategy and maintain competitiveness in the global cryptocurrency market.
