South Korea advances Bitcoin spot ETF, incorporates it into the 2026 economic growth strategy, and全面升级cryptocurrency regulation

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BTC-3,47%

South Korea is signaling a major policy shift for the cryptocurrency market. According to local media News1, the Korean government has explicitly included the approval process for Bitcoin spot ETFs in the latest 2026 economic growth strategy framework. This move is seen as a significant turning point in South Korea’s digital financial policy.

According to official documents, South Korea plans to allow investors to invest in Bitcoin through traditional securities markets in a manner similar to stocks. This means that Bitcoin spot ETFs are expected to become compliant financial products and enter the mainstream investment system. Previously, because digital assets were not included in the official ETF asset category, related products faced restrictions in South Korea, but this situation is now changing.

On January 9, the South Korean government officially released the 2026 Economic Growth Strategy report. The document states that the Financial Services Commission (FSC) will lead the institutional design of Bitcoin and other digital asset spot ETFs and will re-examine relevant rules under the Capital Markets Act to clear legal obstacles for the launch of cryptocurrency ETFs. Meanwhile, South Korean exchanges have also expressed that their trading and settlement systems are technically capable of supporting such products.

South Korean regulators have indicated that they are focusing on studying the operation of Bitcoin spot ETFs in the United States and Hong Kong, China. The experience in liquidity, investor participation, and compliance frameworks in these markets will serve as important references for South Korea in formulating its own rules. If the policy is implemented, South Korean investors will be able to indirectly hold Bitcoin through regulated funds rather than participating directly in cryptocurrency trading.

In addition to Bitcoin ETFs, South Korea is also advancing the second phase of stablecoin regulation legislation. The new framework will cover stablecoin issuance licensing, 100% reserve requirements, clear user redemption rights, and cross-border transfer rules, requiring stablecoins to be backed by real assets such as bank deposits or government bonds to enhance security and transparency.

Longer-term plans show that South Korea aims to digitize about 25% of its national treasury funds by 2030, launching “deposit tokens” for government payments and settlements, along with a public digital wallet system. These reforms will require amendments to core laws such as the Bank of Korea Act and the Treasury Management Act.

Against the backdrop of over 10% of the global population participating in cryptocurrency trading, South Korea hopes to attract international capital, retain domestic funds, and solidify its leading position in Asia’s digital financial sector through Bitcoin spot ETFs and new stablecoin regulations. If legislation proceeds smoothly, Bitcoin spot ETFs are expected to be officially launched before the end of 2026.

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