Retail Frenzy to Wall Street? XRP Mania in Korea Could Go Global

"In the long run, say two to five years, the outlook for South Korea as a global crypto hub is incredibly bullish. They are building a world-class regulatory framework from the ground up. They have unified political will, a clear strategy, and one of the most crypto literate populations on Earth. If they get this right, South Korea could easily become the dominant digital asset economy in Asia, leaving Hong Kong and Singapore trailing in the dust."

"So the Financial Services Commission or FSC, which previously blocked any discussion on the topic, has already submitted a road map to the president's office to get spot ETFs approved and launched by the end of 2025."

"Phase three is the one everyone is watching. Starting in the second half of this year, a pilot program will allow about 3,500 listed companies and qualified professional investors to open corporate accounts and actually trade crypto. Buying, selling, investing. It will finally be on the table for Korean corporations."

"The administration is aiming to achieve two goals. Empower Korean tech firms to innovate and to reduce the economy's reliance on foreign dollarated platforms. its industrial policy disguised as financial regulation. The second main event in Lee's national stadium is a fasttracked approval of spot crypto ETFs which have long been banned in South Korea."

"They're also planning a massive IPO on the CODAC later this year with a top tier firm, Samsung Securities, as the underwriter."

"If it's the former, we could see another localized XRP specific meltup of epic proportions."

"This year, the Bank of Korea is forecasting GDP growth of just 0.8%."

"President Trump's 90-day grace period on his so-called reciprocal tariffs is set to expire on July 9th, and he has made it crystal clear he is not extending it."

"In recent statements, he has explicitly said that countries like South Korea, which he claims have quote taken advantage of America for decades, will be getting formal letters outlining new tariffs potentially as high as 50%."

"In the long run, say two to five years, the outlook for South Korea as a global crypto hub is incredibly bullish. They are building a world-class regulatory framework from the ground up. They have unified political will, a clear strategy, and one of the most crypto literate populations on Earth. If they get this right, South Korea could easily become the dominant digital asset economy in Asia, leaving Hong Kong and Singapore trailing in the dust."

"So the Financial Services Commission or FSC, which previously blocked any discussion on the topic, has already submitted a road map to the president's office to get spot ETFs approved and launched by the end of 2025."

"Phase three is the one everyone is watching. Starting in the second half of this year, a pilot program will allow about 3,500 listed companies and qualified professional investors to open corporate accounts and actually trade crypto. Buying, selling, investing. It will finally be on the table for Korean corporations."

"The administration is aiming to achieve two goals. Empower Korean tech firms to innovate and to reduce the economy's reliance on foreign dollarated platforms. its industrial policy disguised as financial regulation."

"If it's the former, we could see another localized XRP specific meltup of epic proportions. If it's the latter, it could be the beginning of the end for these unique market dynamics as a wave of institutional money begins to normalize the Korean market, bringing it more in line with global standards."

"President Trump's 90-day grace period on his so-called reciprocal tariffs is set to expire on July 9th, and he has made it crystal clear he is not extending it. In recent statements, he has explicitly said that countries like South Korea, which he claims have quote taken advantage of America for decades, will be getting formal letters outlining new tariffs potentially as high as 50%."

"But in late June, they suddenly hit the brakes, citing high costs and quote legislative uncertainty."

"This year, the Bank of Korea is forecasting GDP growth of just 0.8%."

"If you look at Korean exchanges like Upbit on any given day, there is a good chance you'll see XRP attracting more trading volume than Bitcoin and Ethereum combined. On some days, the XRP to1 trading pair makes up almost 20% of the entire exchanges volume."

"Sources in Soul's financial district suggest these guidelines will be highly specific. They could cap crypto investments at a small percentage of a company's net assets. They might initially restrict trading to only Bitcoin and Ethereum, excluding the more speculative altcoins."

"They're also planning a massive IPO on the CODAC later this year with a top tier firm, Samsung Securities, as the underwriter."