Korea’s Crypto Rules Needn’t Mirror US and Should Be More Flexible, Lawyer Says

Seo Dong-joo, a U.S. lawyer, said South Korea does not need to model its virtual-asset regulations on the United States. Instead, he said, Korea should respond to the spread of dollar stablecoins with a more flexible framework tailored…

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Nov 10, 2026 at 8:10 AM UTC · 2 phút đọc

Summary

Seo Dong-joo said South Korea does not need to design its virtual-asset regulations to match those of the U.S. and should make them more flexible to fit the local market.
He said Korea should ride the trend of already widespread dollar stablecoins and look for opportunities in an established market.
He said allowing nonresident foreigners access to the market through domestic exchanges could give platforms more room to operate, and that if regulatory changes are delayed, other countries could seize the market first.

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"If the response is delayed, other countries may seize the market first"

Speaking at D-CON 2026 at the Fairmont Ambassador Seoul in Yeouido on Nov. 10, Seo said the Korean and U.S. markets differ fundamentally. Laws and regulations do not need to be identical, he said, adding that there are areas where Korea should be more flexible.

He also said the U.S. still lacks legal clarity in many areas, with debate over the Clarity Act continuing. For that reason, he added, he would not characterize Korea as simply being too late.

Korea’s Crypto Rules Needn’t Mirror US and Should Be More Flexible, Lawyer Says

"If the response is delayed, other countries may seize the market first"

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