South Korea’s government unveiled a five-year, 123-task plan focused on developing a digital asset ecosystem, advancing stablecoin regulations, and reevaluating financial regulatory roles to boost the domestic crypto market.
South Korea is set to accelerate crypto reforms with a five-year plan comprising 123 tasks, emphasizing the development of a digital asset ecosystem, the introduction of stablecoin regulations, and a potential restructuring of the Financial Services Commission amid concerns over market competitiveness.