🇰🇷 South Korea pushes crypto law and could enable spot ETFs by the end of 2025.
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The financial regulator of South Korea revealed that it is working on a comprehensive reform to allow products such as Bitcoin and Ethereum exchange-traded funds, marking a key shift in its crypto policy.
🇰🇷✨ A turn towards the integration of the traditional market.
The crypto market in South Korea could enter a new stage of regulatory maturity. The Financial Services Commission (FSC) announced that it is actively working on a legal framework that could enable the launch of spot crypto ETFs by the end of 2025.
The announcement is part of the so-called Digital Asset Basic Act, a developing legislative package that seeks to establish clear rules for digital assets, including criteria on custody, investor protection, and exchange operations.
According to the agency, this law is key to aligning South Korean regulation with international standards and allowing the inclusion of financial products based on crypto assets within the traditional system.