South Korean lawmaker proposes ETF bill to include virtual assets

The proposed amendment aims to integrate Bitcoin and other digital assets into South Korea’s ETF framework. By allowing trust companies to manage these assets legally, the amendment is expected to enhance regulatory clarity and investor protections.

This proposal aligns with the South Korean government’s strategy to incorporate digital assets into the national financial system. Approval of this bill could lead to the creation of new financial products, enriching market diversity in the country.