South Korean regulator to review crypto ETF approval: report
South Korea’s financial watchdog is reportedly set to review the approval of spot crypto ETFs and the legalization of corporate crypto accounts through a newly formed committee.
South Korea, which has been cautious in its approach to crypto regulation, is now considering the approval of spot crypto exchange-traded funds and corporate crypto accounts through its newly established Virtual Assets Committee.
According to a News1 Korea report on Oct. 10, the committee, chaired by the Financial Services Commission’s vice chairman, will include representatives from several government ministries and private-sector experts. While Bitcoin (BTC) and Ethereum (ETH) have secured approval from regulators for spot ETFs in the U.S. and Hong Kong,…
