South Korea’s Leaders Support Bitcoin ETFs and Institutions

Share This Post

The post South Korea’s Leaders Support Bitcoin ETFs and Institutions appeared first on Coinpedia Fintech News

Ki Young Ju, CEO of CryptoQuant, recently tweeted that all three major presidential candidates in South Korea support spot Bitcoin ETFs and institutional investment. Currently, both Bitcoin ETFs and institutional investments are banned in South Korea, with retail investors accounting for 100% of the trading volume. The candidates’ backing could signal a potential shift in policy, paving the way for institutional involvement in the country’s crypto market.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Price Will Rally Before It Crashes, But What’s The Target?

The Dogecoin price is already struggling amid the bearish pressure that has dominated the crypto market recently After the initial fall to $02, DOGE bulls had attempted to hold support, pushing for a

New CFTC Crypto Initiative: Bitcoin, Ethereum, To Serve As Collateral In Derivatives Trading

Caroline Pham, the acting chair of the US Commodity Futures Trading Commission (CFTC), has announced the launch of a pilot program allowing Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) to be

CRO Price Holds Steady Above $0.10 as Market Eyes Fed Decision

The post CRO Price Holds Steady Above $010 as Market Eyes Fed Decision appeared first on Coinpedia Fintech News The CRO price remained steady above $010 on Tuesday as broader markets positioned

Hong Kong Moves to Track Crypto Taxes Globally

The post Hong Kong Moves to Track Crypto Taxes Globally appeared first on Coinpedia Fintech News Hong Kong has launched a public consultation to update its Crypto Asset Reporting Framework (CARF) and

The CFTC just authorized Bitcoin, ETH, USDC only for US leverage, leaving XRP, SOL stranded in risky limbo

The United States has signaled a clear distinction between crypto assets suitable for trading and those best suited for use as collateral in the derivatives markets On Dec 8, the Commodity Futures

Strategy Says No to Japan for 12 Months as Metaplanet Moves Ahead

The post Strategy Says No to Japan for 12 Months as Metaplanet Moves Ahead appeared first on Coinpedia Fintech News Michael Saylor has confirmed that Strategy will stay out of Japan’s digital