The Financial Services Commission (FSC) of South Korea has unveiled a roadmap aimed at integrating digital assets into the country's financial system, expecting to introduce local crypto ETFs and regulatory measures for stablecoins by late 2025.
Plans for Crypto ETF Implementation
The Financial Services Commission (FSC) has submitted a roadmap to the Presidential Committee on Policy Planning outlining steps to legalize and implement local spot cryptocurrency ETFs. Implementation measures are expected to start in the second half of 2025, with these ETFs intended to track the actual price of digital assets like Bitcoin or Ethereum.
Regulatory Easing for Won-Pegged Stablecoins
The roadmap also includes regulatory easing for Korean won-denominated stablecoins, marking a shift from a traditionally conservative approach toward digital currencies. This move aims to reduce dependence on U.S. dollar-pegged stablecoins and foster domestic innovation in the stablecoin sector.
A Broader Shift in Crypto Policy
This roadmap is part of South Korea's larger effort to modernize its approach to digital assets. Future initiatives include reviewing trading fee structures on local crypto exchanges, allowing corporate and institutional access to digital asset accounts, and creating a legal framework for tokenized securities while strengthening oversight of crypto service providers.
This roadmap indicates that South Korea is transitioning from a cautious regulatory stance to a more structured and strategic focus on innovation in digital assets.
