Matrixport: The new president actively promotes South Korea's crypto reforms, but has not yet fully boosted market enthusiasm

Planet News: Matrixport released a chart today stating that the newly elected South Korean President Lee Jae-myung is actively promoting a series of cryptocurrency reform measures. He clearly supports the legalization of spot Bitcoin ETFs, the issuance of stablecoins pegged to the Korean won, and the relaxation of restrictions on institutional investors entering the crypto market. Additionally, Lee plans to revise current regulations on trading platforms and establish a "Digital Assets Committee" to promote the formulation and implementation of policies such as the "Digital Assets Basic Law". These measures aim to align with global financial development trends, strengthen Korea's financial sovereignty, and accelerate the integration of digital assets into the mainstream Korean economy. Despite the increasingly friendly regulatory environment, local cryptocurrency trading activity remains relatively subdued, and the president's reform promises have not yet fully boosted market enthusiasm.