🚀Odaily Planet Daily News: The Financial Services Commission of South Korea plans to set up a virtual asset committee to discuss the approval of spot ETFs and allow companies to open virtual accounts. Previously, the Financial Services Commission banned related transactions due to the lack of underlying assets and money laundering risks. The new committee will be led by a vice chairman and its members will include officials from the Ministry of Finance, Economy, Law and Technology and private individuals.

CryptoQuant CEO Ki Young Ju said that if this plan is passed, it will benefit the market and reduce the impact of kimchi premium. What do you think? Chat in the comment section! 💬