A new South Korean regulator will be established this month, with a ruling on Bitcoin ETF approvals at the top of its agenda, CoinVoice has learned. The agency, tentatively named the Virtual Assets Committee, could hold its first meeting “as early as this month.”
The agency will operate under the jurisdiction of the Financial Services Commission (FSC) of South Korea. Analysts said its establishment will help "speed up discussions on issues such as the approval of Bitcoin and Ethereum spot ETFs." Industry insiders revealed that the committee will also discuss the issue of "allowing companies to invest in virtual assets." [Original link]
