South Korea Plans Bitcoin ETF Debut and Stronger Crypto Asset Rules

South Korea has taken a clear step toward deeper adoption of digital assets. The government recently shared plans to promote digital asset exchange-traded funds (ETFs), with a strong focus on a Bitcoin ETF. 

This decision follows recent progress in stablecoin policy and blockchain-based payment systems. This decision shows the country’s growing interest in bringing digital assets into its formal financial structure.

Bitcoin ETF Plans Take Shape in South Korea

The government confirmed plans to list South Korea’s first Bitcoin ETF within the year as part of its newly released 2026 Economic Growth Strategy. Regulators have set this direction to align the country with major global markets. 

According to the roadmap, authorities will start working on a second set of digital asset laws this year. These rules will support the launch of regulated digital investment products.

Officials have also signaled plans to move forward with spot digital asset ETFs. The United States and Hong Kong already trade these products, and South Korea plans to follow. This could lead to a fully approved spot Bitcoin ETF by 2026.

Recent policy changes are already shaping the local crypto market. In September last year, South Korea lifted a long-standing ban that stopped crypto firms from accessing venture capital. This move allowed blockchain startups to qualify for venture certification and attract funding.

Institutional players have responded quickly. Binance completed its acquisition of Gopax late last year. This deal marked the exchange’s official return to the South Korean market after earlier regulatory delays.

South Korea Plans New Stablecoin Licensing and Transfer Rules

Stablecoin regulation forms a key part of the upcoming legislation. Policymakers plan to introduce a licensing system for stablecoin issuers. 

Regulators say clearer rules are needed because stablecoin use is growing quickly worldwide. However, authorities are still debating which institutions should be allowed to issue stablecoins. 

Furthermore, South Korean regulators have also outlined plans to control cross-border stablecoin transfers. These rules aim to ensure compliance with financial laws while keeping the system efficient. 

The Financial Services Commission (FSC) has taken an active role in these discussions, with a strong focus on investor protection as stablecoin adoption grows.

South Korea Explores Blockchain Use in Public Finance 

Beyond ETFs, the government is exploring the use of blockchain technology in public finance. Officials plan to introduce a deposit token, a digital asset backed by commercial bank deposits. Sources say the government may likely allocate up to 25% of the national treasury to these tokens by 2030. 

Authorities have also considered digital wallets that could manage deposit tokens for government-related spending. These tools could improve transparency and efficiency in public payments.

To support these initiatives, the government plans to establish a clear legal framework for blockchain-based payment and settlement systems. Officials aim to complete this work by year-end through revisions to the Bank of Korea Act and the Treasury Administration Act.