South Korean authorities discuss prospects of approving Bitcoin spot ETF

The head of South Korea's financial regulatory agency stated on Tuesday that South Korean authorities are discussing whether to allow the trading of Bitcoin exchange-traded funds (ETFs) in the country. The chairman of the Financial Supervisory Service of South Korea, Yoon Suk-heun, said, "I am one of the people who has a positive outlook on virtual assets, while others have a cautious outlook, and we need to hear from them as well." (Jinshi)