Korean lawmaker Park Sang-hyuk: crypto policy has entered the implementation phase
- —Park delivered a written address at Block Festa 2026 in Seoul on Oct. 1
- —He said banks and brokerages are moving into actual crypto business execution
- —RWA and stablecoins are entering payments and asset management
- —He urged lawmakers to address business barriers and global players' view of Korea's market
Why it matters: A signal that Korean legislators are ready to speed up rules for institutional crypto, including stablecoins and tokenized real-world assets.
Source: Blockmedia