Internet reports that compared with past cryptocurrency policies, South Korea is making a major shift, introducing spot ETFs and stablecoins to the core of its financial system. As the government formulates detailed plans, the country may see regulated crypto investment products listed as early as late 2025. This week, South Korea's top financial regulator, the Financial Services Commission (FSC), submitted a new proposal outlining its plans to introduce spot cryptocurrency exchange-traded funds. The roadmap, which has been submitted to the President's Policy Planning Commission, includes a framework for legal, regulated crypto ETFs, a far cry from the country's previous caution. Under the roadmap, the FSC will prepare the required legal and technical foundation for these funds. This means establishing infrastructure that includes custody, pricing, operations and fund management, and establishing clear standards for investor protection.