South Korea to Introduce Stablecoin Rules and Approve Bitcoin Spot ETFs in 2026 Growth Strategy

TLDR South Korea will introduce stablecoin regulations in 2024, requiring issuer licensing, full reserves, and redemption rights. The Financial Services Commission and Finance Ministry will oversee new rules on cross-border stablecoin transactions. Digital asset spot ETFs, including Bitcoin, will be approved this year, reversing previous restrictions. Authorities will amend laws to support blockchain-based treasury transactions [...]

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