According to Odaily, Kim Byoung-hwan, the current First Vice Minister of Economy and Finance in South Korea and nominee for the chairmanship of the country's Financial Services Commission (FSC), has emphasized the need to resolve numerous issues before allowing virtual asset ETFs. Kim's statement underscores the cautious approach being taken by South Korean financial regulators towards the burgeoning field of digital assets. The specifics of the issues to be addressed were not detailed in the report.