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South Korea Bets Big: Government Backs Bitcoin ETFs and Institutional Crypto Adoption

South Korea Bets Big: Government Backs Bitcoin ETFs and Institutional Crypto Adoption

Coingape
Author:
Coingape
Release Time:
2025-05-14 13:06:36
0

Seoul throws weight behind digital assets—regulators greenlight institutional crypto plays as Bitcoin ETFs get political blessing.

Wall Street bankers weep into their spreadsheets—Asia’s fourth-largest economy just outmaneuvered them on the next financial frontier.

Ki Young Ju, CEO of CryptoQuant, recently tweeted that all three major presidential candidates in South Korea support spot Bitcoin ETFs and institutional investment. Currently, both Bitcoin ETFs and institutional investments are banned in South Korea, with retail investors accounting for 100% of the trading volume. The candidates’ backing could signal a potential shift in policy, paving the way for institutional involvement in the country’s crypto market.

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