Crypto news: After a cabinet meeting on Monday, South Korea’s Ministry of Economy and Finance reaffirmed that it will expand the blockchain and digital asset sector in the second half of 2026, introducing legislation for stablecoins, tokenized government bonds, and spot crypto ETFs. The plan also includes supporting large-scale blockchain pilot projects, promoting new technologies to improve the digital asset ecosystem, and advancing a proposal for a digital asset basic law to establish a legal framework for digital assets. The government will also create a legal basis for cross-border stablecoin trading and support amendments to the capital markets act so that the first spot crypto exchange-traded fund can be launched.