Korea to Pass Stablecoin Laws in Q1, Allow Spot Crypto ETFs

South Korea has unveiled a comprehensive digital asset strategy under its "2026 Economic Growth Strategy," shifting focus toward institutional adoption. The Financial Services Commission (FSC) will finalize "Digital Asset Phase 2 legislation" in Q1 2026 to establish a stablecoin framework, requiring issuers to meet capital requirements and maintain 100% reserves to prevent collapses like the 2022 Terra-Luna incident. Furthermore, the country confirmed plans to introduce spot digital asset ETFs this year, following global trends, which is expected to boost institutional investment. Ambitiously, the government also plans to integrate blockchain technology into public finance, aiming to execute a quarter of all national treasury disbursements via digital deposit tokens by 2030, starting with a pilot program in H1 2026 for EV charging subsidies. Analysts view this as a turning point, recognizing virtual assets as legitimate financial instruments.

(Source：BeInCrypto)