The chairman of the Korea Exchange once again calls for the listing of cryptocurrency ETFs to boost the market

ChainCatcher news, the chairman of the Korean exchange, Jung Eun-bo, once again called for the listing of cryptocurrency ETFs in South Korea, emphasizing the need to keep pace with global financial markets. In a recent interview in Seoul, he stated, "South Korea's real cryptocurrency trading volume ranks third in the world. Cryptocurrency is a field that can create new value in the financial industry." He added, "The U.S. has listed cryptocurrency futures and spot ETFs that are actively traded. We need to allow cryptocurrency ETF trading immediately."

As he made these remarks, the Korean stock market is facing a declining investor base and structural issues such as excessive fragmentation and "zombie companies." He clearly stated that strengthening market regulation and increasing transparency are top priorities, with broader strategies including promoting corporate value enhancement plans, protecting minority shareholders, and accelerating the delisting of non-viable companies.

Regarding cryptocurrency ETFs, he believes that their introduction will increase the depth of the financial market and provide investors with more regulated digital asset investment options.