#SouthKoreaCryptoPolicy 🔹 **Political Momentum**
President Lee Jae-myung’s administration is pushing for:
KRW-backed stablecoin** to reduce reliance on USDT/USDC .
Spot crypto ETFs** and pension fund allocations .
A **Digital Asset Committee** to draft pro-innovation policies .
🔹 Market Impact**
With 16M+ crypto users (32% of the population), trading volumes often surpass stock markets. Despite tighter rules, adoption grows—expected to hit 12.4M users by 2025 .