The National Pension Service (NPS) of South Korea is exploring direct investments in Bitcoin following legislative changes allowing national pension funds to invest in cryptocurrencies.
Political leaders from both major parties (including Democratic Party leader Lee Jae-myung) have shown support for integrating digital assets into public investments, including backing for spot Bitcoin ETFs.
Currently, the NPS has indirect cryptocurrency investments, notably $34 million in MicroStrategy and over $45 million in Coinbase shares, reflecting a growing interest in digital assets among older South Koreans.
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