According to a report from Tokenpost, Xu Yuxi, the president of the Korean Financial Investment Association, stated at a New Year's conference held on Yoido Island in Seoul that he will actively support the institutionalization of domestic token securities and the approval of virtual asset ETFs. President Xu pointed out that since Bitcoin and Ethereum spot ETFs have been listed and traded in the United States, Hong Kong, Canada and other places, Korea should also list at least Bitcoin or Ethereum ETFs and cultivate them into financial products. He emphasized that he will continue to propose suggestions to financial authorities to allow virtual asset ETFs to ensure that Korea does not fall behind in this trend.
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Chairman of the Korea Financial Investment Association: Will actively support the institutionalization of token securities and the approval of crypto ETFs
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