The world’s 11th largest economy entered the presidential election in South Korea on 3 June 2025. Lee Jae-MyungTo save the country’s economy from being dependent on US dollars -based stablecoins South Korea He promised to remove subcoin in a way, in a way, a stablecoin -supported stablecoin. The suggestion fueled the discussions with the claim that it could prevent billions of dollars from flowing abroad in a short time. Lee also aims to pave the way for investors to easily buy and sell crypto money over the stock exchanges, with the legalization of Spot crypto currency ETFs.
Details of the South Korean Won -Supported Stablecoin target
Lee announced stablecoin The plan aims to ensure that every segment from rural to metropolis can process at a speed of digital wallet. This Altcoin, which will be indexed to the South Korean Wonuna 1: 1, promises to revive local trade in the country and to brake the foreign exchange exit.
In the last three months, most of the $ 41 billion from domestic stock exchanges took place with dollar -based stablecoins. This amount is supplied to serious capital leakage in the economy. The output of the South Korean Won -supported Stablecoin output pointed out by Lee attracted the attention of not only individuals but also corporate investors.
Experts define the idea of a state -supported stablecoin as “innovative step ,, while warning on money supply control and regulation. Accordingly, unsuccessful audit may have inverse effects on the banking system. Nevertheless, voters, especially the young population, are looking forward to this proposal because it is attractive to make crypto currency investments with an indigenous infrastructure. Lee’s team plans to quickly activate the pilot for Stablecoin in cooperation with the central bank.
Lee’s crypto currency ETFs and legal regulation plans
In addition to Lee, Stablecoin move, Spot crypto currency It aims to simplify investment processes by moving their ETFs to the official stock exchanges. Thus, those who want to stay away from the wallet and a special key chaos like a stock Bitcoin (BTC) $104,976.58 And he can buy and sell other money. The enters of large institutions such as National Pension Fund (National Pension Fund) can also be supported and liquidity can be increased.
As the infrastructure of this, the “Basic Law of Digital Asset” is being prepared. The bill will include net rules, export principles, trading standards and audit mechanisms for Stablecoins. If the bill passes through the Parliament, South Korea may rise to its position in terms of regulation. The young and technology enthusiast voter sees the new law as a gateway to financial opportunities.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.