The chairman of the Korea Exchange, Jeong Eun-bo, has urged South Korea to quickly institutionalize its crypto market to enhance competitiveness amid ongoing political turmoil that has stalled regulations until 2025. He emphasized the need for lawmakers and financial institutions to recognize the growing influence of digital assets, warning that continued treatment of cryptocurrencies as speculative could hinder market development. Despite calls for revitalization, all crypto-related policies remain on hold due to the political crisis, with discussions expected to resume in early 2025.
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