South Korea Seeks US Regulatory Guidance on Crypto Rules

South Korea is turning to the U.S. Securities and Exchange Commission (SEC) as it develops its own crypto regulations. The two parties met in Washington, D.C. to discuss cryptocurrency regulation, focusing on stablecoins, token rules, and market structure.

The South Korean delegation aimed to learn from the SEC's approach to digital asset classification, custody, and exchange safety. They also wanted insight into how U.S. regulatory decisions might influence their own policy development.

South Korea has seen significant growth in cryptocurrency adoption, with over 11 million users registered with regulated digital asset firms, roughly 20% of the population.