South Korea’s PPP Aims to Boost Crypto Investment with Exchange Deregulation

South Korea’s People Power Party (PPP) has announced plans to deregulate the nation’s crypto exchanges to create a more competitive environment and attract investment in digital assets. By proposing to eliminate the long-standing 'one exchange, one bank' rule, the party seeks to ease regulatory constraints that have long hampered the country’s crypto market. The move is expected to enhance liquidity on exchanges and reshape trading dynamics, especially for major cryptocurrencies like BTC and ETH. Experts suggest that increased institutional participation and a broader influx of domestic and international investors may boost trading volumes and potentially increase the Total Value Locked (TVL) in DeFi protocols. This regulatory shift is seen as a pivotal step towards a more vibrant and accessible digital asset ecosystem, aligning with broader efforts to integrate crypto into the new economic landscape.