South Korea’s People Power Party Unveils Policies to Boost Bitcoin and Digital Asset Ecosystem

In a significant development for the digital finance landscape, the **People Power Party** of South Korea has unveiled seven pivotal policies aimed at bolstering the **cryptocurrency ecosystem**. Among the initiatives is the anticipated launch of **cryptocurrency ETF trading**, which is set to include leading assets such as **Bitcoin** by year-end. In a bid to enhance **institutional participation**, the party will also dismantle the existing “1 exchange-1 bank” rule, a move expected to streamline market access. Furthermore, the package includes the introduction of comprehensive **stablecoin regulations**, the promotion of **Security Token Offering (STO)** legislation, and the establishment of a foundational legal framework for **digital assets**. To spearhead these reforms, a dedicated **virtual asset committee** will be formed under the presidential office. This strategic effort underscores the government’s commitment to cultivating a robust digital asset market in South Korea.