Odaily Planet Daily News: Eun-Bo Jeong, chairman of the Korea Exchange (KEX), has expressed interest in launching a cryptocurrency-based ETF this year to meet global demand for such products. At the opening ceremony of the Securities and Derivatives Market on January 2, Eun-Bo Jeong emphasized the importance of innovative financial products for revitalizing South Korea's capital market. Last year, South Korea's Financial Services Commission (FSS) banned asset management companies from offering ETFs linked to cryptocurrency-related companies such as Coinbase. However, the potential of crypto ETFs remains uncertain due to regulatory obstacles. CryptoQuant CEO Ki Young Ju expressed concern about South Korea's readiness to approve such products. Ki Young Ju compared South Korea's cautious regulatory stance to that of the U.S. SEC, whose resistance to crypto ETFs has delayed its launch for more than a decade until 2024. (Cryptoslate)

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