Crypto
Digital asset derivatives need institutionalisation to curb capital outflows and boost investor protection
Han Seo-hee (한서희), a lawyer at Lee & Ko, said a policy symposium in Seoul outlined the need for a digital asset derivatives market, overseas regulatory cases and directions for institutionalisation. She said derivatives can support price discovery, hedging and market efficiency and may be a precondition for institutional participation. She warned that without a domestic regulated market, capital outflows could grow as Korea-related products trade overseas.