South Korea's Cryptocurrency Industry Information

Edaily Reports:

The ruling People Power Party of South Korea announced

Seven new policies to cultivate the digital asset ecosystem

Plans to open spot ETF trading for Bitcoin and others within the year

Abolishing the '1 exchange - 1 bank' restriction to promote institutional entry

Introducing stablecoin regulation, advancing STO legislation, and formulating a basic law for digital assets, etc.

The party intends to establish a special committee for virtual assets directly under the presidential candidate to coordinate and promote related reforms.