South Korea's Democratic Party Forms Crypto Committee South Korea's largest political party launches a Digital Asset Committee to address crypto regulation and promote industry growth. This signals a growing focus on clarifying crypto policies in the country. #SouthKorea #Crypto #Regulation

South Korea's Crypto Committee: A Political Push for Clarity (Maybe) South Korea's Democratic Party launched a Digital Asset Committee to develop cryptocurrency policies. The committee's first meeting focused on regulatory uncertainty, particularly concerning stablecoins and the US government's push for dollar-backed stablecoins. The committee includes government officials and executives from major exchanges like Upbit and Bithumb. The formation of this committee shows growing political interest in shaping a clearer regulatory path for crypto in South Korea.