2026-01-09 09:22:47

The South Korean government has taken several actions. According to the latest "2026 Economic Growth Strategy," the authorities plan to promote the official launch of spot ETFs for digital assets such as Bitcoin within this year. Meanwhile, the Financial Services Commission (FSC) is also accelerating the legislative process for the second phase of digital asset regulation.

What is the core of this round of legislation? It mainly involves establishing a regulatory framework for stablecoins—including issuer licensing, 100% reserve requirements, and a series of other constraints. In other words, South Korea is laying a more comprehensive institutional foundation for the digital asset ecosystem. Spot ETFs will make it easier for ordinary investors to participate in the Bitcoin market, while the regulation of stablecoins aims to prevent systemic risks. This indicates that regulators have shifted from "whether to open up" to "how to open up more safely."

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FrontRunFighter

· 5h ago

so korea's finally playing the game but lmao that 100% reserve requirement? that's just theater. they're patching one hole while the whole dark forest stays wide open, frontrunning still eats everyone's lunch in the orderbook

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MissedAirdropBro

· 5h ago

South Korea's recent moves are quite interesting. Combining spot ETFs with stablecoin frameworks, it really seems like they want to regulate the ecosystem properly. --- The 100% reserve requirement is so strict that it's almost impossible for stablecoins to manipulate the market, haha. --- The shift from "Can we play" to "How to play safely" is quite significant. Regulators are finally catching on. --- If spot ETFs are implemented, even grandmothers will be able to trade Bitcoin, and the market will be much more lively. --- Basically, they want the cake and not have it explode at the same time—that's a smart approach. --- The 100% reserve for stablecoins is still in place, returning us to the positioning of "just a payment tool." --- Can it be in Korea this year? Then I need to keep a close eye on the developments—don't want another no-show.

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CoffeeNFTrader

· 01-10 23:20

South Korea's recent moves are quite decent; finally, it's not a one-size-fits-all approach. The combination of spot ETF + stablecoin framework seems to indicate a genuine intention to play this game seriously. --- 100% reserve? That's a bit strict, but for long-term development, it actually isn't a bad thing. --- From ban to regulation, the transition has been quite quick; this pace is more flexible than expected. --- The launch of the spot ETF is great; retail investors can finally participate properly without having to fuss with wallets. --- The strict regulation on stablecoins—are they afraid of another UST? Haha. --- The regulatory framework is in place; now it depends on how well the implementation works. Anyone can talk on paper. --- If South Korea proceeds smoothly, this could truly become a benchmark, and other countries should learn from it. --- Requiring 100% reserves is a bit harsh; is it to prevent risks or to prevent innovation? --- After the arrival of the spot ETF, institutional funds should follow, but whether it's a positive or not depends on subsequent supporting measures.

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GasFeeBeggar

· 01-10 14:38

South Korea's move is indeed tough, with a spot ETF + stablecoin regulatory framework coming together. The pace is quite good. However, the 100% reserve requirement... feels a bit conservative. It seems we're finally entering the "regulated development" stage. The previous all-or-nothing approach was really pointless. If the spot ETF is implemented, retail investors will find it easier to enter, but will the licensing system for stablecoins cause any new issues? South Korea taking this step, Hong Kong dollar might not sit still anymore haha. The shift from "ban" to "how to safely open up" shows that the crypto industry is finally being taken seriously. I wonder if other countries will set a benchmark; it seems the EU and Singapore should also seriously reconsider. The authorities have finally figured it out—it's better to loosen than to block. The 100% reserve requirement for stablecoins feels more like reassuring traditional financial systems. If the spot ETF really gets launched, institutional entry will probably accelerate quickly. The strategy has changed—from suppression to guidance. This move is quite forward-looking. With such strict reserve requirements, it seems the space for innovation is being further squeezed.

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StopLossMaster

· 01-09 09:46

South Korea's move this time is quite interesting. The spot ETF has been implemented, and retail investors can finally get on board. Wait, 100% reserve for stablecoins? Are they really trying to kill off those scam coins? Basically, it's a game rule change for the wealthy. Now they want us to play too, but the prerequisite is to obediently follow the rules. This regulatory approach is actually quite clever—want growth but want to avoid trouble. South Korea is really playing a big game. East Asia is indeed stepping up its efforts.

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BrokeBeans

· 01-09 09:45

South Korea is really quick; spot ETF is coming within the year. Retail investors finally have a compliant channel. Stablecoins with 100% reserves? The regulatory crackdown this time is indeed impressive, much better than unregulated growth. The attitude has shifted from "Can we play?" to "How to play safely," and that's quite interesting.

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RiddleMaster

· 01-09 09:39

Haha, Korea has finally figured it out. First releasing ETFs and then regulating stablecoins—this approach is considered progress. 100% reserves directly block those trying to play tricks, quite tough. Regulation has shifted from bans to how to safely open up, showing that the crypto community has really won a hand. But when will this ETF be available in the Chinese community? Still waiting. The framework for stablecoins is becoming increasingly strict. Can USDT still survive? Korea's speed is really fast. When will we catch up? This move is clever, using legislation to trap everyone. The spot Bitcoin ETF is coming to fruition, giving retail investors new ways to play. Once reserve requirements are implemented, those shady coins will have no way out. Korea is playing a big game, aiming to become Asia's crypto hub.

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GateUser-9f682d4c

· 01-09 09:32

South Korea's recent moves are really significant. The landing of spot ETFs and stablecoin regulation—this shift in approach is quite interesting. From "Can it be launched" to "How to launch safely," it's definitely progress. However, regarding 100% reserve requirements, it seems like some projects might face hurdles again. Wait, could this be paving the way for institutional entry? Once the spot ETF passes, is it time for retail investors to buy the dip? Or is it just a precursor to more market manipulation? South Korea has never lacked action, it all depends on how quickly they implement it. With the regulatory framework in place, investors might feel more confident to invest. The requirements for stablecoins seem a bit strict—will small and medium issuers be forced out?

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CryptoCrazyGF

· 01-09 09:28

South Korea's approach is really clever. On the surface, they promote open ETFs, but in reality, they're still putting stablecoins in a cage—100% reserves? Haha, they're just worried we'll have another Luna-style collapse.

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