South Korean President Lee Jae-myung is advocating for a series of cryptocurrency reforms aimed at boosting market activity and integrating digital assets into the country’s economy. These initiatives include supporting Bitcoin ETF listings, creating stablecoin options pegged to the won currency, easing restrictions on institutional investments in crypto, and establishing regulatory frameworks for trading platforms. Notably, President Lee plans to implement policies like the ‘Basic Law on Digital Assets,’ reflecting global trends and promoting financial autonomy. While these reforms signal a favorable regulatory landscape, South Korea’s cryptocurrency trading volumes remain subdued compared to other countries, potentially hindering market response to the president’s initiatives. According to Matrixport, daily trading volume in South Korea has significantly decreased since the beginning of the year, indicating continued challenges for crypto adoption within the nation.