South Korea's 2026 Economic Growth Strategy includes spot Bitcoin ETF introduction following active trading in US and Hong Kong markets, while phase-two digital asset legislation establishing stablecoin regulatory frameworks remains stalled over governance disputes as authorities impose ₩27.3 billion Korbit fine and prepare 24-hour forex trading expansion starting July.
The Financial Conduct Authority confirmed crypto firms must apply for formal authorization during a September 2026 window to continue operating under new rules launching in 2027, marking fundamental shift from current registration-only system as firms outside the application period will enter transitional status allowing only pre-existing contract fulfillment until receiving approval.
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