Both major candidates in South Korea’s June 3, 2025 presidential election have pledged support for local spot Bitcoin ETFs.
Kim Moon-soo, candidate of the conservative People Power Party, said he would allow spot crypto ETFs to help middle-class wealth growth and promote fair and transparent regulations.
His opponent, Lee Jae-myung from the Democratic Party, made a similar promise last week, saying it would provide more financial opportunities for young people.
The Financial Services Commission (FSC), South Korea’s top regulator, currently bans spot crypto ETFs but said it may revisit the issue depending on the post-election government.
Could this be the turning point for crypto ETFs in Korea?
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