South Korea to lay foundation for cryptocurrency transition by 2025 through institutional reforms
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最新报道：According to a report from Bijie.com, South Korea is undergoing a major transformation of its cryptocurrency market for 2025, aiming to shift from a retail-led boom to one driven by institutions and regulatory frameworks. This reform is centered around four key policy pillars: phased participation by businesses, establishing a framework for spot Bitcoin ETFs and a Korean won stablecoin, stricter measures against unregistered operators and Know Your Customer (KYC) violations, and a strategic pause in central bank digital currency (CBDC) development in favor of bank-led stablecoin pilots. Furthermore, the National Digital Asset Agenda, overseen by the Financial Services Commission, aims to foster innovation while ensuring market protection, although specific implementation details are still being developed.
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