South Korea Is Looking To Lift Ban On Spot Crypto ETFs, Here’s Why

South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs).

This comes after forming a new cryptocurrency advisory committee within the regulator, signaling a potential shift from its earlier, more stringent stance on digital asset exposure in traditional financial markets.

The committee is tasked with reevaluating current regulations that prevent listing spot crypto ETFs (https://www.coincarp.com/)in the country.