In brief
- The FSC has submitted an implementation plan for spot crypto ETFs to the Presidential Committee.
- Korean won-based stablecoins are also set for regulatory approval by year-end.
- The move reverses a previous ban from 2017, which cited concerns about financial stability.
South Korea’s Financial Services Commission submitted plans Thursday to introduce spot crypto ETFs by the second half of 2025, marking a reversal of the country’s previously restrictive crypto policies as a new government takes the helm.
The roadmap, filed with the Presidential Committee on Policy Planning, outlines implementation measures for spot crypto ETFs while establishing investor protection frameworks, including custody, operation, and evaluation standards,…
Jul 13 2025
