South Korea to Recognize Crypto as a National Asset

Story Highlights* South Korea plans to recognize cryptocurrencies under its new National Asset Basic Act.

  • The country is also advancing stablecoin regulations, spot Bitcoin ETF proposals, and tokenized government bond pilots.
  • Officials also aim to connect tokenized bonds with the Bank of Korea's wholesale CBDC infrastructure.
BTC0.91%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments