AMCHAM Holds 'Blockchain Seminar' in Samseong-dong, Seoul
"Korea Has a Unique Opportunity to Lead Change... AMCHAM Will Actively Support This"
James Kim, Chairman and CEO of the American Chamber of Commerce in Korea (AMCHAM), emphasized at the "2025 Blockchain Seminar" held on September 10 at the Grand Intercontinental Seoul Parnas Hotel in Samseong-dong, Seoul, that blockchain is "not just a simple technology, but a catalyst for innovation that fundamentally transforms the flow of capital, financial systems, and the way economies grow."
James Kim, Chairman and CEO of the American Chamber of Commerce in Korea (AMCHAM), is speaking at the "2025 Blockchain Seminar" held on the 10th at the Grand Intercontinental Seoul Parnas Hotel in Samseong-dong, Seoul. Photo by AMCHAM
He continued, "At this critical juncture, Korea has a unique opportunity to lead change," adding, "AMCHAM will actively support the development of digital finance and sustainable growth as a bridge connecting Korea and the United States."
On this day, AMCHAM hosted the seminar to focus on discussing the changes in the financial order brought about by blockchain innovation and Korea's response strategies. More than 70 participants, including representatives from global companies, financial institutions, and global tech firms, attended the seminar, covering a wide range of key issues in the global financial market such as digital assets, stablecoins, tokenized assets, and next-generation payment systems.
Kim stressed, "This aligns with the Trump administration's policy direction, which emphasizes strengthening core technological competitiveness, including digital assets and blockchain." He added, "If policy foundations and close cooperation between the government and industry are established, Korea can attract more foreign investment and advance its financial infrastructure to emerge as Asia's digital financial hub." He also noted, "AMCHAM will continue to provide a platform for dialogue that connects global expertise with Korea's innovative capabilities."
Participants unanimously emphasized that Korea stands at a crucial turning point, where it can expand foreign direct investment based on blockchain and advance its financial infrastructure to become Asia's digital financial hub.
Oh Kyungseok, CEO of Dunamu, and Jay Vix, Commercial Counselor at the U.S. Embassy in Korea, both highlighted in their congratulatory remarks the need for close cooperation between the government and the private sector to create the future financial ecosystem. Oh stated, "At the center of change where traditional finance meets digital assets, for Korea to become the 'digital asset capital of Asia,' digital finance policies of both Korea and the United States must move in the same direction, and exchanges among innovative digital financial service companies should become more active." He added, "We will continue to realize responsible innovation and contribute to building a transparent digital financial ecosystem together with AMCHAM, as well as domestic and international companies, institutions, and academia."
In the keynote address, Jean Fang, Associate Managing Director for Asia-Pacific Sovereign Ratings at Moody's, assessed, "With increased government participation and improvements in regulatory frameworks, digital assets now have greater growth potential than ever before." She noted, "This trend is driving increased interest in tokenization among both traditional financial institutions and digital-native companies."
In the following sessions, Tricia Turner, former Head of Digital Assets at the U.S. Internal Revenue Service (IRS); Paul Vancise, Global Head of Enterprise Growth at Paxos, a cryptocurrency trading platform; and Sandra Ro, CEO of the Global Blockchain Business Council (GBBC), each took the stage to address topics such as the regulatory environment, opportunities and challenges of stablecoins and tokenized assets, and the current status of global blockchain adoption.
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