President Lee Jae Myung’s administration is advancing plans to approve spot crypto ETFs, with the Financial Services Commission (FSC) submitting a detailed roadmap this week.
The proposal, reported by Yonhap News, includes measures to lift South Korea’s long-standing ban on these funds by late 2025.
The reforms also extend to won-pegged stablecoins, slated for 2025, as part of Lee’s broader economic strategy to support young investors and prevent capital flight. However, the FSC emphasized Friday that the plans are still in development and subject to change.
