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South Korean Political Parties Unite to Promote Crypto ETFs and Regulation

World of Coins

Monday, June 2, 2025 3:17 pm ET

2min Read

South Korea is on the brink of a significant shift in its approach to cryptocurrency, with both major political parties supporting the adoption of exchange-traded funds (ETFs) and regulatory progress. This development is expected to accelerate regardless of the outcome of the upcoming election, as both parties recognize the potential benefits of embracing digital assets.

The current political landscape in South Korea is marked by a growing consensus on the need for regulatory clarity and innovation in the crypto space. Both leading parties have expressed support for ETFs, which would provide investors with a more accessible and regulated way to gain exposure to cryptocurrencies. This move is seen as a step towards integrating digital assets into the conventional financial system, offering greater stability and security for investors.

The pressure for regulatory progress is also a key factor driving this change. Both parties are committed to creating a framework that balances innovation with consumer protection. This includes measures to prevent fraud, ensure transparency, and foster a competitive environment for crypto businesses. The regulatory environment in South Korea has historically been strict, but recent developments suggest a more open approach aimed at attracting global crypto companies and investors.