South Korea’s Crypto Push: Bitcoin ETFs Headed For Approval In 2025
South Korean regulators are gearing up for a big shift: spot Bitcoin and other crypto ETFs could hit the market by the second half of 2025. Related Reading: Blockchain Powerhouse Pours $10M Into XRP And 4 Other Crypto Stars According to reports, the Financial Services Commission has sent a roadmap to the Presidential Committee on […]
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Korea Financial Investment Association (Kofia) Chairman Seo Yoo-seok has called for the approval of cryptocurrency spot exchange-traded funds (ETFs) and the formal recognition of security tokens. During a recent New Year’s news conference at Kofia’s Seoul headquarters, Seo highlighted the potential growth of the virtual asset market, influenced by U.S. President Donald Trump’s pro-crypto policies. […]
More crypto spot ETFs are a near certainty, according to analysts, which means we may see Dogecoin, Solana, and XRP approved by the end of 2025. James Seyffart joined the hype to announce that the approval odds for the spot crypto ETFs just went above 90%. This comes just two days after Bloomberg analyst, Eric […]
This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to comply with stricter requirements to protect investors and their assets. Related Reading: $235 Million Crypto Theft from WazirX Was ‘Perpetrated’ By North Korean Hackers, Report Reveals South Korea’s […]
South Korea’s financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming months. This move follows the Korean government’s efforts to speed up its regulatory shift toward the digital asset industry. Related Reading: Senator Lummis To Reintroduce The ‘Bitcoin Act’ For 1 Million BTC Purchase South Korea’s […]
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said. South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF).KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin ETF or Bitcoin-linked ETFs in the first half of 2022, local news agency The Korea Economic Daily reported Monday.According to the report, KTCU is considering investing in several Bitcoin ETF....