South Korea's People Power Party Promises to Remove Crypto Exchange Banking Restrictions in June Election

The South Korean People Power Party (PPP) has committed to repealing the strict banking partnership rules that currently limit crypto exchanges' ability to offer fiat trading pairs. This regulation has forced many smaller exchanges to close or operate with only crypto-to-crypto trades. Alongside this key initiative, the PPP plans several other policies to boost South Korea’s crypto ecosystem, including launching corporate crypto trading by 2025, approving crypto spot ETFs, and introducing clear stablecoin regulations. The party aims to foster competition and innovation, with its full crypto agenda awaiting implementation pending the results of the June 3 presidential election. Continue to read South Korea's People Power Party Promises to Remove Crypto Exchange Banking Restrictions in June Election