DAXA Releases Policy Brief on Digital-Asset Institutionalization in South Korea

The Digital Asset eXchange Alliance (DAXA) has released a policy brief focusing on the institutionalization of digital assets in South Korea. The brief outlines key tasks and future regulatory directions, following the implementation of the Virtual Asset User Protection Act. It covers critical areas such as user protection, market surveillance, governance, payments and settlement, foreign investment, and anti-money laundering (AML).

The brief, titled “Digital Asset Policy Brief for the Second Half of 2026,” is the third in a series and serves as a roadmap for building a robust system in South Korea’s digital-asset market. It analyzes the significance of institutionalization, standardization of supervisory data, improvements to user-protection frameworks, and the design of governance structures. The brief also addresses emerging policy issues, including digital-asset payments and settlement businesses, AML risks related to stablecoins, and the potential overseas relocation of South Korean digital-asset companies.

Nine advisory members from financial research institutes, academia, and the legal profession contributed to the brief. Ahn Soo-hyun, a professor at Hankuk University of Foreign Studies Law School, oversaw the entire volume. DAXA Chairman Oh Se-jin emphasized the importance of establishing a basic legal framework for the industry and hopes the brief will serve as a practical reference for shaping South Korea’s digital-asset policy.

The brief is available on DAXA’s website under the “Publications-Policy Briefs” section, intended for use by policymakers, academics, industry participants, and retail users.