South Korea Eyes Spot Crypto ETF Approval by Year-End in Regulatory Overhaul

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South Korean authorities have laid out plans to greenlight spot crypto ETFs, potentially opening a new avenue for institutional and retail investors.

The Financial Services Commission (FSC) submitted a roadmap this week, targeting regulatory preparations in the second half of 2025.

The initiative, part of President Lee Jae Myung’s pro-crypto agenda, also includes lifting the ban on won-based stablecoins by late 2025—a move aimed at keeping domestic capital within the country.

While the news sparked optimism, the FSC later clarified that the details are still under review, tempering immediate market expectations.

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