Crypto ETF Legalization in Focus
The post Crypto ETF Legalization in Focus appeared on BitcoinEthereumNews.com. South Korea’s June 3 election may legalize spot crypto ETFs and open digital asset investment access Lee Jae-myung and PPP candidates compete to win crypto voters with ETF policy and fee reduction promises New ETF regulations, exchange reform, and Web3 oversight likely if either party wins Korea’s 2025 election South Korea’s presidential election race is heating up, and crypto policy is taking center stage. Lee Jae-myung, the presidential candidate representing South Korea’s Democratic Party of Korea (DPK), has pledged to legalize spot cryptocurrency exchange-traded funds (ETFs). He also pledged lower trading fees for digital asset investors, aiming to win support ahead of the June 3 vote. The announcement was made on his official Facebook page, where he also outlined a plan to establish a monitoring system to enhance safety in the local crypto market. DPK Candidate Courts Crypto Voters His statement highlights how major parties are now actively trying to attract the country’s large and growing number of crypto users. Lee’s statement shows a continuation of cross-party interest in reversing South Korea’s ban on spot crypto ETFs. Despite rising global adoption and the recent launch of spot Bitcoin ETFs in the United States, the country has not yet approved such products. Related: South Korea Issues New Crypto-Friendly Guidelines: Analysts Suspect Political Motivation Lee emphasized that the policy shift would seek to align South Korea’s financial market structure with growing global standards, while reducing barriers for both institutional and retail investors. In addition to enabling ETF trading, Lee proposed reducing digital asset transaction fees, a measure intended to improve market accessibility and reduce investors’ entry costs. He also pledged to implement a nationwide digital asset monitoring system, which would aim to address security concerns and promote a safer trading environment. Opposition Party (PPP) Lays Out Broader Crypto Roadmap The announcement aligns…
The post Crypto ETF Legalization in Focus appeared on BitcoinEthereumNews.com.
South Korea’s June 3 election may legalize spot crypto ETFs and open digital asset investment access Lee Jae-myung and PPP candidates compete to win crypto voters with ETF policy and fee reduction promises New ETF regulations, exchange reform, and Web3 oversight likely if either party wins Korea’s 2025 election South Korea’s presidential election race is heating up, and crypto policy is taking center stage. Lee Jae-myung, the presidential candidate representing South Korea’s Democratic Party of Korea (DPK), has pledged to legalize spot cryptocurrency exchange-traded funds (ETFs). He also pledged lower trading fees for digital asset investors, aiming to win support ahead of the June 3 vote. The announcement was made on his official Facebook page, where he also outlined a plan to establish a monitoring system to enhance safety in the local crypto market. DPK Candidate Courts Crypto Voters His statement highlights how major parties are now actively trying to attract the country’s large and growing number of crypto users. Lee’s statement shows a continuation of cross-party interest in reversing South Korea’s ban on spot crypto ETFs. Despite rising global adoption and the recent launch of spot Bitcoin ETFs in the United States, the country has not yet approved such products. Related: South Korea Issues New Crypto-Friendly Guidelines: Analysts Suspect Political Motivation Lee emphasized that the policy shift would seek to align South Korea’s financial market structure with growing global standards, while reducing barriers for both institutional and retail investors. In addition to enabling ETF trading, Lee proposed reducing digital asset transaction fees, a measure intended to improve market accessibility and reduce investors’ entry costs. He also pledged to implement a nationwide digital asset monitoring system, which would aim to address security concerns and promote a safer trading environment. Opposition Party (PPP) Lays Out Broader Crypto Roadmap The announcement aligns…
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