compared to past cryptocurrency policies, South Korea is undergoing a major shift by introducing spot ETFs and stablecoins into its financial system core. With the government outlining detailed plans, the country could see regulated cryptocurrency investment products on the market as early as the end of 2025.
This week, South Korea's top financial regulatory body - the Financial Services Commission (FSC) submitted a new proposal outlining its plans to introduce spot cryptocurrency exchange-traded funds. This roadmap has been submitted to the Presidential Policy Planning Committee, which includes a framework for legal, regulated cryptocurrency ETFs, a stark departure from the country's previous cautious approach.
According to the roadmap, the FSC will prepare the necessary legal and technical foundations for these funds. This means establishing infrastructure including custody, pricing, operations, and fund management, and setting clear investor protection standards.
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