Korean regulators are pressured to approve cryptocurrency ETFs following the U.S. SEC’s approval of Ethereum ETFs. The move is expected to bridge the gap between traditional finance and digital assets, with experts warning of potential investor flight to U.S. markets if Seoul fails to act.
Unlike their U.S. counterparts, Korea’s FSC and FSS have been cautious about allowing crypto trading on traditional securities markets.
In contrast to their counterparts in the U.S., the Korean Financial Services Commission and Financial Supervisory Service have been The Financial Services Commission is a government agency responsible for overseeing and regulating financial institutions and financial markets in South Korea.
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