South Korea Moves Closer to Approving Spot Bitcoin ETFs

Bitcoin Magazine

South Korea’s Financial Services Commission (FSC) has actually sent strategies to present spot Bitcoin and crypto ETFs by the 2nd half of 2025, marking a considerable shift in the nation’s Bitcoin policy amidst growing institutional need for managed Bitcoin financial investment automobiles.

According to a report from Yonhap News, the roadmap provided to the Presidential Committee on Policy Planning details detailed execution procedures for spot Bitcoin and crypto ETFs while developing robust financier defense structures, consisting of custody, operation, and examination requirements.

South Korea’s relocation follows the effective U.S. spot Bitcoin ETF introduces that have actually brought in over $50 billion in institutional capital.

The FSC’s effort lines up with President Lee Jae-myung’s project promise to authorize spot Bitcoin and crypto ETFs and improve the nation’s digital capital markets. The strategy also consists of arrangements for won-based stablecoins and improved oversight of crypto exchanges.

The regulator will concentrate on developing clear standards around fund structuring, custody plans, and prices systems while reinforcing financier defenses. Local exchanges will also deal with brand-new requirements around cost openness and market conduct.

While particular information wait for completion through legal evaluation, the FSC’s roadmap signals South Korea’s intent to sign up with significant markets in supplying managed Bitcoin and crypto financial investment automobiles.

At press time, Bitcoin trades at $106,006, up 0.93% over the previous 24 hr, as markets process the ramifications of broadening institutional gain access to through managed items.

This post South Korea Moves Closer to Approving Spot Bitcoin ETFs initially appeared on Bitcoin Magazine and is composed by Vivek Sen.

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