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 證券 立法
政府於 3 月啟動「Token 證券諮詢機構」，並聯動相關主管機關與私部門專家。該機構正在規劃涵蓋四個重點領域的詳細制度：技術與基礎設施、發行、分配與結算。政府計劃建立具有多元性與可擴展性的數位創新金融生態系，建立一套能反映 Token 證券技術特性的投資人保護制度，並為未來的證券結算體系做準備，包括基於區塊鏈的鏈上結算。
政府表示，將「持續推動政策，以促進健全的數位資產生態系發展，並在支持數位資產產業成長的同時，提供使用者保護。」
