Korea’s cryptocurrency industry is weighing the prospect of regulatory relief following the sudden resignation of presidential chief of staff for policy Kim Yong-beom, who had aggressively pushed to curb major shareholder dominance in local crypto exchanges, industry officials said Thursday.

Kim submitted his resignation Monday amid continued criticism that single-stock leveraged exchange-traded funds (ETFs) introduced in May under his leadership have been contributing to heightened stock market volatility. President Lee Jae Myung accepted his resignation Tuesday, with no successor named yet.

Kim, a former senior financial…