Opening
South Korea's government announced on the 26th that it is advancing the expansion of professional investor corporation participation in the virtual asset market and preparing blockchain-based on-chain securities settlement. The announcement was made as part of the government's '123 State Affairs Promotion Results' and designated digital asset initiatives as Task 48: 'Digital Asset Ecosystem Construction.' The government stated it is establishing institutional foundations to create a "sound digital asset ecosystem" and to expand new growth momentum through digital assets.
The government is pursuing an integrated regulatory framework encompassing digital asset businesses, markets, and users, while supporting the activation of business financing through token securities legislation and improving investor convenience. Regulatory background: The government is establishing comprehensive governance structures that address both industry development and consumer protection in the digital asset sector.
Digital Asset Ecosystem Improvement
The government is establishing an industrial foundation through digital asset ecosystem refinement. From June 2025, non-profit organizations and digital asset exchanges have been permitted to conduct digital asset sales. The government stated it will "promptly advance the expansion of virtual asset market participation by professional investor-registered corporations and others."
Digital Asset Basic Law and Stablecoin Institutionalization
The government is advancing the enactment of the Digital Asset Basic Law and stablecoin institutionalization. It will expedite coordination with related agencies regarding Digital Asset Basic Law enactment to establish an integrated regulatory framework encompassing digital industry promotion and user protection. The government plans to pursue stablecoin institutionalization within a short timeframe.
Token-Wertpapier-Regulierung
Die Regierung hat im März einen „Token Securities Consultative Body“ mit beteiligten Behörden und Experten aus dem privaten Sektor ins Leben gerufen. Das Gremium entwickelt detaillierte Systeme in vier Schwerpunktbereichen: Technologie und Infrastruktur, Emission, Vertrieb und Abwicklung. Die Regierung plant, ein digitales Innovationsfinanzierungs-Ökosystem mit Vielfalt und Skalierbarkeit aufzubauen, ein Anlegerschutzsystem zu etablieren, das die technischen Merkmale von Token-Wertpapieren widerspiegelt, und die Zukunft der Wertpapier-Abwicklungssysteme vorzubereiten – einschließlich blockchainbasierter, On-Chain-Abwicklung.
Die Regierung erklärte, sie werde „die politischen Anstrengungen zur Entwicklung eines soliden Ökosystems für digitale Vermögenswerte fortsetzen und das Wachstum der Digital-Asset-Branche unterstützen – neben dem Schutz der Nutzer.“