BTCC
/
BTCC Square
/
Global Cryptocurrency
/
South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform
South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform
4
3
South Korea’s People Power Party (PPP) has unveiled a series of cryptocurrency policy proposals ahead of the June 3 presidential election. The measures aim to liberalize bank interactions with crypto exchanges and establish legal frameworks for tokenized assets and spot ETFs.
The policy shift comes amid political transition following President Yoon Suk-yeol’s impeachment. Analysts view the move as an attempt to appeal to the country’s growing crypto-savvy electorate. No specific coins or exchanges were directly referenced in the announcement.
By:
Previous
De-Dollarization Accelerates as Oil Giants Shift to Yuan Settlements
Next
Mastercard Embraces USDC Stablecoin Settlements for Merchant Payments
