The PPP plans to enable crypto ETF trading by 2025, directly impacting Bitcoin and Ethereum. This move is expected to enhance institutional access to the market. Park Soo-min has publicly expressed support, highlighting similar regulatory advancements in Hong Kong and the UK, emphasizing South Korea's intention to align with global trends in crypto regulation.
Bitcoin is currently trading at $95,304.94, with a market cap facilitating potential expansion in market liquidity and institutional engagement. Successful ETF implementations in other regions have increased market participation, which South Korea aims to replicate.
Full story here: https://coincu.com/334899-south-korea-spot-crypto-etfs
