Han Dong-hoon urges the South Korean government to deregulate cryptocurrency and facilitate Bitcoin ETF approvals to boost institutional interest and investment in the sector. He highlights the necessity for a conducive regulatory environment to leverage the nation’s strong digital proficiency.
During an interview, Han criticized existing regulators for misunderstanding cryptocurrencies, asserting that over-regulation could lead to capital flight and hinder South Korea’s aspirations as a leader in the crypto space. He challenges upcoming crypto tax measures set to launch in January 2025.