South Korea’s Digital Asset eXchange Alliance, or DAXA, has published a policy brief for the second half of 2026 that sets out policy tasks tied to the institutionalization of the country’s digital-asset market. The document maps out regulatory direction and system-building priorities as South Korea deals with stablecoins, real-world asset tokens and the rollout of the Virtual Asset User Protection Act.
The brief is presented as a roadmap for how the market’s framework could develop from here. Its scope spans user protection, market surveillance, governance, payments and settlement, foreign investment and anti-money-laundering controls.
A roadmap built around market structure
DAXA says the brief focuses on what is needed to move the domestic digital-asset sector toward a more formal institutional framework. Among the core themes are the purpose and significance of institutionalization, as well as a step-by-step roadmap for building the supporting system.
The document also highlights standardization of supervisory data, a theme that points to how oversight information is gathered and used. Alongside that, it calls for improvements to user-protection frameworks and outlines a market-surveillance model that DAXA says is better suited to conditions in South Korea’s local market.
Policy areas covered in the brief
Beyond market oversight and consumer safeguards, the paper examines how governance structures for the sector could be designed. It also reviews regulatory direction for digital-asset payments and settlement businesses, an area that has become increasingly relevant as policymakers consider how crypto-linked services fit into broader financial infrastructure.
Other topics include money-laundering risks linked to foreign investment and possible control measures, as well as the overseas relocation of South Korean digital-asset companies. The brief further addresses the policy direction of a proposed Digital Asset Basic Act and anti-money-laundering frameworks related to stablecoins.
Contributors and intended audience
According to the publication details, nine DAXA advisory members took part in preparing the brief. Those contributors came from financial research institutes, academia and the legal profession, with Ahn Soo-hyun overseeing the full volume.
DAXA says the brief is intended for a broad audience that includes policymakers, academics, digital-asset industry participants and retail users. That positioning suggests the document is meant not only as an industry statement, but also as a reference point for ongoing policy discussion.
What comes next
The release itself does not announce immediate rule changes. Instead, it lays out policy directions and regulatory considerations for the second half of 2026 as South Korea continues shaping its digital-asset framework.
The next confirmed step is the circulation and use of the brief among the groups DAXA identified, including policymakers and market participants, as debate continues over stablecoins, RWAs, user protection and the broader design of digital-asset regulation in South Korea.
Source: en.bloomingbit.io