Korean financial authorities begin to abolish the "one exchange to one bank" digital asset system

DeepFlowTech · 2026-01-20T04:28:41+00:00

South Korea's financial authorities plan to adjust the digital asset regulatory framework, reform the "one exchange to one bank" practice, allow the issuance of digital asset derivatives, and promote market activity. The National Assembly supports increased trading activity and coordinates the details of the Digital Asset Basic Act.

DeepFlowTech

2026-01-20 04:28:41

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Deep Tide TechFlow News, January 20 — According to Korea Pioneer Economic Daily, Korean financial authorities have begun formulating detailed plans to adjust the digital asset regulatory framework within the year. The core content includes reforming the “one exchange to one bank” practice, allowing the issuance of digital asset derivatives to promote market activity.

The Fair Trade Commission and the Financial Committee are negotiating on easing major regulations related to digital assets. Research reports indicate that abolishing the “one exchange to one bank” practice can enhance market competition and expand consumer benefits. Additionally, introducing digital asset derivatives will change the spot-centric trading structure and reshape the competitive landscape among exchanges.

The Korean National Assembly also supports the activation of digital asset trading. The ruling party and the opposition are coordinating on details of the Digital Asset Basic Law, including restrictions on major shareholders of exchanges, definitions of digital assets, licensing and registration system scope, and other aspects.

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