#SouthKoreaCryptoPolicy

Key Highlights

South Korea has emerged as a global leader in cryptocurrency adoption, with over 20% of its population actively trading digital assets . The newly elected president, Lee Jae-myung, has introduced pro-crypto reforms, including plans to legalize spot crypto ETFs and launch a won-pegged stablecoin to curb capital flight . The Financial Services Commission (FSC) has tightened KYC/AML rules while allowing nonprofits and exchanges to sell crypto donations under strict guidelines . Institutional crypto trading is set to expand in phases, starting with nonprofits and later including corporations . Despite regulatory rigor, bipartisan support ensures continued growth for the $77.5 billion market .