The South Korean government plans to promote the legislation of the Basic Law on Digital Assets in the second half of the year

According to the Seoul Economic Daily, the South Korean government announced in the "2026 Second Half Economic Growth Strategy" released today that it will promote the legislation of the "Digital Asset Basic Law" in the second half of the year to strengthen the vitality of the blockchain economy. This bill will segment the digital asset industry, establish a regulatory system for business behavior, and lay a legal foundation for the institutionalization of stablecoins; The South Korean government also proposed to support the revision of the Capital Market Act to introduce spot ETFs for digital assets such as Bitcoin, study the interoperability of CBDC infrastructure with other blockchains, and formulate the National Asset Basic Law to include virtual assets in the scope of national asset management.