Alignment of Sovereign H2 Strategy and Legislative Action Plans

The South Korean government has officially designated the expansion of the blockchain ecosystem and stablecoin institutionalization as core pillars of its H2 2026 Economic Growth Strategy, with specific legislative timelines and structures now taking shape within key National Assembly committees. Capitalizing on this regulatory transition, BDACS is set to co-host an academic conference at the National Assembly alongside lawmakers to deeply examine the opening of the corporate market and the critical role of custody infrastructure, spearheading the transition toward institutional digital finance.

H2 Sovereign Growth Strategy & Proposed Stablecoin Governance

• State-Led Economic Growth Strategy and Regulatory Roadmap: The South Korean government formally announced its comprehensive H2 2026 Economic Growth Strategy, prioritizing the development of the blockchain and digital asset sectors. Under this initiative, the enactment of the proposed Digital Asset Basic Act in the second half of the year has gained significant momentum. The government has unveiled a blueprint to standardize market conduct supervision, establish cross-border stablecoin transaction frameworks, and actively support Capital Markets Act amendments to facilitate domestic spot digital asset ETFs.
• Representative An Proposes Joint Bank-Fintech Ownership Structure for Stablecoins: Representative An Do-geol, former executive secretary of the Democratic Party’s Digital Asset Task Force, reaffirmed his objective to pass the Phase 2 Digital Asset Basic Act regarding KRW-pegged stablecoins by the end of this year. To successfully balance financial stability with product innovation, Representative An proposed a dual-governance model where commercial banks retain a 50%+1 majority stake and fintech innovators secure a 34% guaranteed holding as the optimal legislative formula.

▶ Sources: Maeil Business Newspaper | Edaily

Co-Hosting National Assembly Conference to Highlight Corporate Access

• National Assembly Seminar Jointly Co-Hosted with Lawmakers and Industry Alliances: In response to the government’s accelerated legislative timeline, BDACS is co-hosting an academic conference at parliament, subtitled New Beginnings for a Trusted Digital Asset Market in the Era of Institutional Investors. To ensure the highest level of policy alignment and credibility, the event is hosted by Democratic Party Representatives Kim Hyun-jung and An Do-geol—the main architect behind the proposed stablecoin structures—and is jointly organized by BDACS. During the seminar, CEO Harry Ryoo will deliver a keynote presentation titled The Significance of Opening the Corporate Market and the Role of Custody, delivering the definitive regulatory-compliant roadmap for the APAC region.