Chairman of the Korea Financial Investment Association: Will actively support the institutionalization of token securities and the approval of crypto ETFs

ChainCatcher news, according to Tokenpost, the chairman of the Korea Financial Investment Association, Seo Yoo-sik, stated at the New Year meeting held in Yeouido, Seoul, that he will actively support the institutionalization of domestic token securities and the approval of virtual asset ETFs.

Chairman Seo pointed out that, given that Bitcoin and Ethereum spot ETFs have already been listed and traded in the United States, Hong Kong, Canada, and other regions, South Korea should at least list Bitcoin or Ethereum ETFs and cultivate them into financial products. He emphasized that he will continue to propose to the financial authorities to allow virtual asset ETFs to ensure that South Korea does not fall behind in this trend.