Bitcoin ETF momentum builds in South Korea as regulation lags behind - Source: CoinTelegraph
Speaking at the first trading day ceremony of the new year, KRX chairman Jeong Eun-bo signaled the exchange was operationally prepared to support crypto ETFs, even as regulators continued to deliberate whether such products could be approved under existing securities regulations.
Jeong framed the move as part of South Korea's efforts to move beyond the “Korea discount,” a phenomenon where domestic stocks trade at lower valuations than global peers. The dynamic is different in crypto, where Bitcoin often trades at a premium on local exchanges compared with overseas platforms.
Story continues: https://cointelegraph.com/news/krx-signals-readiness-crypto-etfs-regulatory-review
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