1. South Korea’s Weekly Summary 1.1 South Korea’s Financial Supervisory Service: Bitcoin Spot ETF to be Discussed Publicly This Year link The chairman of the Financial Supervisory Service in South Korea, Lee Bok-hyun, has stated that discussions on a Bitcoin spot ETF will take place within this year, expected to coincide with discussions on the establishment of regulations related to virtual assets. Lee highlighted the current lack of regulatory mechanisms to prevent activities such as price manipulation, siphoning, and hacking related to virtual assets. He emphasized the necessity of implementing appropriate mechanisms before opening the market for Bitcoin spot ETFs, emphasizing the need for protective measures.
Asia's weekly TOP10 crypto news (Mar 4 to Mar 10)
Asia's weekly TOP10 crypto news (Mar 4 to Mar…
Asia's weekly TOP10 crypto news (Mar 4 to Mar 10)
1. South Korea’s Weekly Summary 1.1 South Korea’s Financial Supervisory Service: Bitcoin Spot ETF to be Discussed Publicly This Year link The chairman of the Financial Supervisory Service in South Korea, Lee Bok-hyun, has stated that discussions on a Bitcoin spot ETF will take place within this year, expected to coincide with discussions on the establishment of regulations related to virtual assets. Lee highlighted the current lack of regulatory mechanisms to prevent activities such as price manipulation, siphoning, and hacking related to virtual assets. He emphasized the necessity of implementing appropriate mechanisms before opening the market for Bitcoin spot ETFs, emphasizing the need for protective measures.