Coinspeaker
South Korea Risks Losing Edge without Crypto ETFs, Warns Exchange Chief
South Korea’s financial sector faces growing pressure to adopt cryptocurrency exchange-traded funds (ETFs) to stay competitive globally. Jung Eun-bo, chairman of the Korea Exchange, has called for swift action, stressing that delaying the launch of crypto ETFs could put the nation’s financial markets at a disadvantage, a major shift from the nation’s previous stance on crypto ETFs.
South Korea ranks as the world’s third-largest cryptocurrency trading hub. Cryptocurrency holds the potential to create new financial value. Jung emphasized the need to align with international markets, citing the United States, where futures and spot
“Korea is the third-largest real cryptocurrency trading country in the world. Cryptocurrency represents a sector capable of generating new value in the financial industry. The US has both futures and spot ETFs available and actively traded. We must not d
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