According to the Korean Pioneer Economy, the National Power Party of South Korea announced that it will abolish multiple policies such as the "one exchange, one bank" system for virtual assets as the core commitment of the presidential election. The virtual asset policy proposal put forward by the party mainly includes: canceling the current restriction that "one exchange can only connect with one bank"; promoting the legalization of virtual asset trading for enterprises and institutional investors; introducing virtual asset spot ETFs; Promote legislation on securities tokens (STO); Establish a regulatory framework for stablecoins; Formulating the Basic Law for the Revitalization of Digital Assets; And seven measures, including building an innovative virtual asset tax system. These policies aim to comprehensively reform the regulatory framework of South Korea's virtual asset market and promote the healthy development of the digital asset industry.
