Loading...
BlockBeats News: On February 5th, according to Tokenpost, Xu Youxi, the president of the Korea Financial Investment Association, stated at the New Year's conference held on Yeouido Island in Seoul that he will actively support the institutionalization of domestic token securities and the approval of virtual asset ETFs. President Xu 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 places, South Korea should also at least list Bitcoin or Ethereum ETFs and cultivate them into financial products. He emphasized that he will continue to propose to financial authorities to allow virtual asset ETFs to ensure that South Korea does not fall behind in this trend.