South Korea's Bitcoin ETF decisions have entered a critical stage, with Japan as a reference
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According to Golden Finance, South Korea is gradually approaching Bitcoin ETF decisions. The Korea Financial Supervision Bureau has reviewed the legislation trends of the Japanese Financial Agency on digital assets and shared them with relevant domestic institutions. Japan has been cautious about digital assets, but is now considering positioning cryptocurrencies as financial products and possibly lifting the ban on crypto ETFs.
Kim So-young, vice chairman of the South Korean Financial Services Committee, said he would "review" the spot Bitcoin ETF. It is worth noting that more than 30% of South Korea’s citizens invest in crypto assets, and despite political turmoil, the government is still pushing for crypto regulations, including allowing charities and universities to sell crypto donations starting in the second half of 2025.