Korea Capital Market Institute

A Critique on the Trump Administration’s Stablecoin Promotion Policy [Senior Research Fellow] Shin, Bosung The Trump administration has publicly expressed its intention to promote privately issued stablecoins. However, allowing the private sector to issue stablecoins effectively entails transferring the sovereign privilege of money creation—traditionally an exclusive function of the state—into private hands, leading to potential side effects. When private entities are granted the po... Short Selling Resumption in Korea: Regulatory Reform and Market Implications [Senior Research Fellow] Hwang, Seiwoon Short selling of listed stocks is set to resume on March 31, 2025. Since short selling became a prevalent trading practice in Korea in the 2000s, there have been four complete short-selling bans in the Korean market. While the bans imposed in 2008, 2011, and 2020 were primarily aimed at stabilizing the market amid severe financial crises, the 2023 ban differs significantly in t...