South Korea Considering Approval of Spot Bitcoin ETFs
With South Korea officially announcing the creation of its own Virtual Asset Committee, the country is reportedly considering the approval of Spot BItcion ETFs. Indeed, the committee was formed by the Financial Services Commission (FSC) regulator in the country. Moreover, the crypto-based investment offering is being discussed, according to local media reports. The newly formed committee will also discuss the authorization of corporate accounts and the reports. Altogether, the decision would be vital for the continued development of the country’s cryptocurrency stance, with the regulatory body providing notable guidance for that development. Source: Coingape Also Read: South Korea is The Latest Country to Investigate Telegram South Korea’s Newly Formed Crypto Committee Discussing Bitcoin ETF Approval Crypto-based ETFs have become a major talking point in 2024. The investment vehicle provides a new avenue for exposure to the burgeoning asset class. Moreover, they provide a cl...