South Korea plans to explore crypto ETFs and let firms launch security tokens in 2025
Chairman of the South Korea Exchange, Jeong Eun-bo, said the exchange wants to ‘explore’ crypto spot ETF approval in 2025. The country’s FSC also wants to allow companies to launch security token offerings.
According to South Korean media outlet The Fact, Jeong spoke at the the Securities and Derivatives Market Opening Ceremony 2025 about wanting to explore cryptocurrency exchange-traded funds approval.
In his speech, he explained how the political crisis in South Korea tipped the slowing exchange into a pit of chaos after President Yoon Suk-yeol’s unsuccessful attempt to declare martial law. Weary traders and investors were quick to sell their holdings in what appeared to be a mass exodus from the stock…