The trend of cryptocurrency policies in South Korea under the background of the 2024 presidential election is undoubtedly a shot in the arm for the global cryptocurrency industry. Its clear support for spot ETFs, pension fund entry, and the Korean won stablecoin demonstrates a more open and proactive regulatory approach. With its leading digital economy foundation and high-level political consensus, South Korea indeed has the potential to provide a 'new model' for global crypto regulation that balances innovation and risk while promoting mainstream adoption through these innovative policies. This will be an important indicator for observing the future development of the cryptocurrency market.