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South Korea incorporates the digital asset ecosystem into national policy issues to promote the institutionalization of virtual assets.
[CoinWorld] On August 14 (UTC+8), the National Planning Commission directly under the President of South Korea included the "Building a Digital Asset Ecosystem" as the 48th national policy topic, falling under the "Promoting Growth through Financial Innovation" direction within the "Leading the World's Innovative Economy" strategy, led by the Financial Commission. This task aligns with President Lee Jae-myung's campaign promise made during the election to establish South Korea as a digital asset hub, covering the improvement of the digital asset ecosystem, institutionalization of virtual assets and related products, legislation on token securities, and includes phased legislation, allowing virtual asset Spot ETFs, and issuance of Korean won stablecoins. Lee Jae-myung emphasized that the National Planning Commission's proposal is not the final government policy and will be adjusted after extensively soliciting opinions from various sectors.