Top South Korean presidential hopefuls support legalizing Bitcoin ETFs

, By Cointelegraph
Blockchain

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South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions.

Still, some industry observers remain cautious about the likelihood of near-term regulatory change.

“All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment,” Ki Young Ju, the founder and CEO of onchain data platform CryptoQuant, data-ct-non-breakable=”null” href=”https://x.com/ki_young_ju/status/1922579800528503162″ rel=”nofollow noopener” target=”_blank” text=”null” title=”https://x.com/ki_young_ju/status/1922579800528503162″>wrote in a May 14 X post.

Currently, Bitcoin ETFs and institutional crypto investments are…



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Top South Korean presidential hopefuls support legalizing Bitcoin ETFs

, Published By Cointelegraph
Blockchain


South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions.

Still, some industry observers remain cautious about the likelihood of near-term regulatory change.

“All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment,” Ki Young Ju, the founder and CEO of onchain data platform CryptoQuant, data-ct-non-breakable=”null” href=”https://x.com/ki_young_ju/status/1922579800528503162″ rel=”nofollow noopener” target=”_blank” text=”null” title=”https://x.com/ki_young_ju/status/1922579800528503162″>wrote in a May 14 X post.

Currently, Bitcoin ETFs and institutional crypto investments are…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Tensor9 helps vendors deploy their software into any environment using digital twins
Next News
DroneAcharya Puts Merger With AITMC On Hold
Cointelegraph

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