- Industry Leaders, Academics, and Policymakers Unite to Build a Sustainable Cryptocurrency Ecosystem
By Samuel Chung [ten@tenspace.co.kr]
SEOUL, South Korea — April 16, 2025
In a significant move that signals South Korea’s growing ambitions in the digital asset space, the Korea Digital Asset Forum (KoDiA) was launched Thursday at Seoul National University, bringing together key figures from across the financial technology landscape.
The inaugural seminar, themed “Building a Sustainable Future for Digital Assets Together,” drew a diverse crowd of industry experts, academics, legal professionals, and policymakers, all united by a common goal: positioning South Korea as a global leader in the rapidly evolving world of digital finance.
“We stand at a critical juncture where global financial structures are being fundamentally reshaped by digital innovation,” said Eun-seok Gu, chairman of KoDiA Forum and CEO of legal AI firm Seoul Robot, during his keynote address. “This forum aims to create a transparent ecosystem and establish institutional frameworks aligned with international standards to enhance our global competitiveness.”
The forum comes at a pivotal moment as digital currencies increasingly gain mainstream attention worldwide. South Korea, with its tech-savvy population and advanced digital infrastructure, has been both a hotbed for cryptocurrency trading and a cautious regulator trying to balance innovation with investor protection.
Representative Min-gyu Park emphasized the legislative perspective, pledging to “develop balanced regulations that both support innovation and ensure market stability.” His remarks reflect the delicate balancing act facing lawmakers globally as they grapple with regulating an industry that moves at breakneck speed.
The seminar featured substantive presentations on emerging trends, including an analysis by Jin-seok Go, co-founder of BlockESG, who detailed the global digital currency landscape. Go particularly focused on the recent launch of the “USD1″ stablecoin by the Trump administration, describing it as “a strategic move to extend dollar hegemony into the digital realm” rather than merely another cryptocurrency entry.
Of particular interest to international observers was Steve Young Kim’s presentation on Binance’s strategy for the Korean market. As a director at the world’s largest cryptocurrency exchange, Kim provided data showing how recent U.S. tariff policies have affected digital asset markets differently than traditional investments, with crypto assets falling nearly 26% while gold rose over 10% following the “Liberation Day” tariff announcements.
“In this stagflationary environment, Bitcoin has demonstrated relative stability compared to altcoins, though it remains vulnerable to broader financial market turbulence,” Kim noted, before outlining Binance’s plans to adapt to Korea’s evolving regulatory framework.
The KoDiA Forum has articulated three core visions: developing South Korea’s domestic digital asset industry, strengthening global competitiveness, and realizing technological innovation with financial inclusion. Its practical focus will include policy recommendations, legal and regulatory analysis, and the development of integration models between digital and physical assets.
Professor Kyung-min Kim of Seoul National University’s Urban Planning Department concluded the event with a forward-looking assessment of how digital assets might transform not just finance but urban infrastructure, real estate, and public services.
“Digital assets will be catalysts for new value creation across multiple sectors,” Kim said. “Sustainable development requires not just technological innovation but institutional frameworks based on social consensus.”
As central banks worldwide, including the Bank of Korea with its “Digital Test Project Hangang,” explore central bank digital currencies (CBDCs) and regulatory bodies develop frameworks for private stablecoins, the KoDiA Forum appears well-positioned to influence policy directions in what has become one of the world’s most dynamic cryptocurrency markets.
With plans for regular seminars, research publications, and international networking, South Korea’s newest think tank has set ambitious goals to help the nation navigate the complex intersection of technological innovation, financial stability, and global competitiveness in the digital asset space.
