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06/21 04:40

South Korea Prepares to Approve Bitcoin and

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South Korea is gearing up to lift its long-standing ban on Bitcoin and other spot crypto ETFs.

Local media Yonhap News Agency confirmed that South Korea’s Financial Services Commission (FSC) has submitted a roadmap to the Presidential Committee on State Affairs Planning, outlining its intention to approve spot crypto ETFs in the second half of 2025. 

The roadmap calls for new regulations and infrastructure to support the issuance, custody, trading, and evaluation. The FSC noted that while preparations are ongoing, the details remain subject to change and have not been finalized.

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