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Bitcoin.com News|Feb 10, 2025 04:32
South Korea is at a turning point—will it embrace crypto ETFs or fall behind? 🇰🇷💥
The Korea Exchange chairman says now is the time to approve cryptocurrency ETFs, just like the U.S., Canada, and Europe. With the third-largest crypto market, why is South Korea still on the sidelines?
Blackrock, Fidelity, and Wall Street are already in. The U.S. has both futures and spot bitcoin ETFs, bringing billions in institutional inflows. Meanwhile, South Korea’s stock market faces declining investors and corporate struggles.
Jung Eun-bo is pushing hard, calling ETFs a game-changer for transparency, market depth, and investor options. He warns that excessive regulation could hold the country back from financial innovation.
Is South Korea ready to level up its financial markets, or will it watch the crypto ETF boom from the sidelines?
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