Odaily News South Korea is gradually approaching a Bitcoin ETF decision. The Financial Supervisory Service of South Korea has reviewed the legislative trends of the Japanese Financial Services Agency on digital assets and shared them with relevant domestic agencies. Japan has previously been cautious about digital assets, but is now considering positioning cryptocurrencies as financial products and may lift the ban on crypto ETFs.
Kim So-young, vice chairman of the Financial Services Commission of South Korea, said that spot Bitcoin ETFs will be "carefully reviewed". It is worth noting that more than 30% of South Korean citizens invest in crypto assets, and despite political turmoil, the government is still advancing crypto regulation, including allowing charities and universities to sell cryptocurrency donations from the second half of 2025. (Cointelegraph)