- Rep. Lee Jun-seok said crypto asset regulation should have international compatibility so foreign investors and companies can understand it easily.
- Lee said South Korea has the technical capability and market demand to quickly commercialize blockchain-based services, including stablecoins, and stressed the need for clear standards for global companies and investors.
- Participants discussed the importance of regulatory sandboxes, technology tokenization, interoperability and building market trust, saying countries need structures that allow safe connections even under different rules.
Lee Jun-seok Says Crypto Rules Must Be Compatible With Global Markets at EastPoint: Seoul 2026
"South Korea is strong not at inventing new technologies first, but at quickly commercializing technologies that emerge elsewhere and generating profits from them," Lee Jun-seok, a lawmaker from the minor Reform Party, said on September…
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Sep 28, 2026 at 5:08 AM UTC · 3 dk okuma
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South Korea Strong at Commercializing New Technologies
"South Korea is strong not at inventing new technologies first, but at quickly commercializing technologies that emerge elsewhere and generating profits from them," Lee Jun-seok, a lawmaker from the minor Reform Party, said on September 28. "Crypto regulation should also be internationally compatible so foreign investors and companies can understand it easily."
Lee spoke at EastPoint: Seoul 2026, held at the Westin Josun Seoul Parnas in Seoul's Samseong-dong. While it may be difficult to unify crypto regulations across countries, he said common standards are still needed so companies can compare and anticipate each market's regulatory system.
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