Core Insights - The seminar held by the Korea Economic Association and Democratic Party members highlighted the competitive landscape of the digital asset market among major developed countries like the US and EU [1] - Experts emphasized the need for South Korea to actively expand its digital asset industry and update relevant policies to enhance global competitiveness [1] Industry Developments - Major financial institutions such as JP Morgan and BlackRock are rapidly building tokenization and settlement infrastructure for bonds and funds [1] - Digital asset exchanges like Coinbase and Binance are expanding into asset management and financial derivatives services [1] Regulatory Environment - There is a call for South Korea to relax regulatory restrictions and swiftly update digital asset-related policies to improve its position in the global market [1]