Infrastructure Is Ready, Regulation Still Isn’t
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Despite growing investor interest, crypto ETFs remain blocked under current South Korean law because digital assets are not recognized as eligible underlying securities. The Financial Services Commission has acknowledged the issue and previously said it was reviewing potential reforms through a dedicated crypto committee.
KRX’s public signaling suggests that technical readiness is no longer in question. By stating it can list and trade crypto-linked products if allowed, the exchange is effectively shifting the focus—and pressure—onto regulators to resolve the legal framework.
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In my eyes the ETFs don't bring anything good.