South Korea’s Major Political Party Considers Allowing Spot Bitcoin ETF to Attract Voters

As South Korea prepares for legislative elections in April, the country’s two main political parties are considering allowing spot Bitcoin ETFs, hoping to attract cryptocurrency investors before the polls, according to Wu. The new government is likely to change a slew of other cryptocurrency rules. But bringing a Bitcoin ETF to the market would clash with regulators’ stance, after the Financial Services Commission (FSC) banned the concept of a Bitcoin ETF in South Korea.