South Korea inches closer to Bitcoin ETF decision, looks to Japan as example
From Cointelegraph
March 5, 2025 4:46:20 pm:
South Korea is considering Bitcoin exchange-traded funds (ETFs) following Japan’s lead, as Japan may lift the ban on crypto ETFs and classify digital assets as financial products. The discussion in Japan is expected to last until 2025 before a legislative plan is drafted in 2026.
In South Korea, over 30% of citizens invest in crypto assets amidst political struggles. Former president Yoon Suk Yeol was arrested, leading to continued crypto regulation efforts. Charities and universities will be able to sell crypto donations by the second half of 2025, and enforcement actions on exchanges have been taken.
Read more at Cointelegraph: South Korea inches closer to Bitcoin ETF decision, looks to Japan as example