Lee Hae-boong, head of Upbitcare / Courtesy of Dunamu

The digital asset market stands at a crossroads, transitioning from the shadows of an unregulated fringe into the mainstream of digital finance. Across the globe, this paradigm shift is being codified into law. The European Union has entered full implementation of its comprehensive Markets in Crypto-Assets Regulation (MiCA). In the U.S., following the enactment of the GENIUS Act governing payment stablecoins, the U.S. Senate is finalizing the proposed Digital Asset Market Clarity Act. Meanwhile, Korea is accelerating its second-stage legislation — the foundational Digital Asset Basic Act — to complement its initial Virtual Asset User Protection Act.

Moving beyond regulatory…