South Korean regulators push crypto ETF plan to power up local market
South Korea’s top financial watchdog is taking steps to bring spot crypto ETFs and stablecoin regulation into the mainstream as part of a broader plan to modernize the country’s digital asset market.
According to a June 19 report by local media Yonhap News, the Financial Services Commission (FSC) has submitted a new crypto roadmap to the Presidential Committee on Policy Planning. The plan sets the stage for launching spot cryptocurrency exchange-traded funds (ETFs) and regulating stablecoins by the second half of 2025.
Regulators will build the necessary legal and technical infrastructure to support the ETFs, including rules around fund structuring, custody, pricing, and investor protection.
The FSC’s push…