#SouthKoreaCryptoPolicy
🇰🇷 Big Moves from South Korea!
#SouthKoreaCryptoPolicy
South Korea’s new president, Lee Jae-myung, is stepping in with some big ideas to reshape crypto in the country — and maybe even all of Asia. 👀
Here’s what’s happening (in simple terms):
🔹 New rules coming — The Digital Asset Basic Act (DABA) will give crypto firms and users more clarity, and create a safer, more legit market.
🔹 Crypto ETFs + pensions — The government may support spot crypto ETFs and even let the National Pension Service invest in crypto. That’s huge!
🔹 A Korean stablecoin — A new Korean won-backed stablecoin is in the works, made for local users and cross-border use.
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💬 What this could mean:
• More trust and safety in South Korea’s crypto space
• Possible ripple effects across Asia
• Real steps toward mainstream adoption