@kendu
🇰🇷 SOUTH KOREA OPENS THE DOOR FOR BITCOIN ETFs, TIGHTENS STABLECOINS, AND PUSHES BLOCKCHAIN ADOPTION
🔹 South Korea is expected to allow Bitcoin spot ETFs this year, following the trend set by the US and Hong Kong.
🔹 A new Digital Asset Law will regulate stablecoins, requiring 100% reserve backing and guaranteeing users’ redemption rights.
🔹 The government aims to move 25% of treasury operations onto blockchain by 2030 through deposit tokens.
These are digital tokens backed by bank deposits, designed to support payments and public spending on blockchain — such as automating payments for electric vehicle infrastructure, shortening settlement times, and reducing fraud.
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