According to TechFlow, the Democratic Party of South Korea is considering allowing the issuance and trading of Bitcoin spot ETFs, following the ruling party of South Korea. In addition, it will promote the introduction of a whitelist system, allowing only digital assets that have passed the review of public institutions to be issued and listed.
The Democratic Party of South Korea is preparing four commitments to institutionalize digital assets as its election promises. The key points are to consolidate the self-discipline foundation of the digital asset ecosystem, restructure the digital asset system, incorporate virtual asset-linked products into the system, and promote the legalization of security tokens (token securities).