Overview
- Under the 2026 Economic Growth Strategy, the Financial Services Commission is preparing to permit spot Bitcoin and other spot digital‑asset ETFs by revising rules that have barred crypto as ETF underlyings.
- The government is accelerating a Phase Two digital‑asset bill centered on stablecoins, requiring issuer licensing, minimum capital, full reserve backing and legally enforceable redemption rights.
- Officials target early 2026 for finalizing the stablecoin framework, with drafting led by the FSC in coordination with other agencies.
- Cross‑border rules for stablecoins are being developed under joint oversight of the FSC and the finance ministry to manage flows and align with capital‑control objectives.
- Public‑finance trials will expand in 2026 through deposit tokens starting with EV charging‑infrastructure subsidies, building toward executing up to 25% of treasury operations via tokens by 2030 after pilots such as Project Hangang.