South Korea to launch a digital assets committee to reform crypto laws.
President Lee also appointed Kim Yong-beom (ex-Hashed CEO) as Chief of the Presidential Policy Office - a clear pro-crypto signal.
South Korea’s new president Lee Jae-myung supports crypto integration but earlier taxation remains possible. He’s pushing to prioritize Bitcoin, legalize spot ETFs, and launch a won-backed stablecoin. He will propose a bill this week to allow big banks to accept Bitcoin and cryptocurrency.
Stay alert to shifts in regulation.