South Korea’s Governing Party Presses Regulators To Allow Bitcoin Spot ETFs

South Korea’s Ruling Party Urges Approval for Bitcoin Spot ETFs

TLDR South Korea’s ruling PPP pushes regulators to approve Bitcoin spot ETFs without further delay. Lawmakers plan to propose legal amendments if regulators continue to stall ETF authorization. PPP claims Bitcoin ETFs will improve market transparency and strengthen investor safeguards. Officials expect ETF approval to boost Korean won–based assets and attract global investors. Bipartisan political backing signals growing momentum for digital as…

South Korea’s Governing Party Presses Regulators To Allow Bitcoin Spot ETFs

South Korea’s People Power Party (PPP) told financial regulators to greenlight Bitcoin spot ETFs now and said it will table legal amendments in the current National Assembly session if they stall. The party said domestic Bitcoin ETFs would let investors use regulated securities accounts, improve transparency, create jobs and strengthen Korean won–denominated assets. Both the PPP and the opposition Democratic Party have already pledged to lift th…