South Korea Targets 2025 Rollout for Regulated Crypto ETFs and Stablecoins
South Korea's Financial Services Commission has unveiled a roadmap to introduce regulated spot cryptocurrency ETFs and stablecoins by late 2025. The proposal, submitted to the Presidential Committee on Policy Planning, outlines comprehensive measures including custody systems, pricing mechanisms, and investor protection frameworks.
President Lee Jae-myung's administration is driving this initiative as part of a broader shift toward crypto integration in mainstream finance. The plan includes reducing trading fees to 0.015% and developing Korean won-pegged stablecoins to facilitate payments and remittances while retaining domestic capital.
The MOVE represents a significant policy reversal from the previous government's stance on crypto ETFs. Market participants anticipate this regulatory clarity could position South Korea as a leader in Asia's institutional crypto adoption.