Bitcoin ETF momentum builds in South Korea as regulation lags behind
In South Korea, the momentum for Bitcoin exchange-traded funds (ETFs) is increasing despite regulatory delays. Several asset management firms are preparing to launch Bitcoin ETFs, anticipating that approval will eventually come. The South Korean financial regulator has been slow to establish a clear framework for cryptocurrency investments, creating uncertainty in the market. However, the growing interest from institutional investors and the global trend towards Bitcoin ETFs are driving local firms to push for their introduction. This situation highlights the tension between innovation in the crypto space and the need for regulatory clarity.
Read the full article: Coin Telegraph