South Korea plans to approve a spot Bitcoin ETF in its 2026 economic growth strategy, with the Financial Services Commission responsible for overseeing implementation. This policy shift will enable domestic investors in South Korea to invest directly in Bitcoin, aligning the Korean market with the US and Hong Kong markets. This move is part of a broader digital asset reform, which includes a new regulatory framework for stablecoins that introduces issuer licensing, capital requirements, and strict 100% reserve backing rules to prevent incidents similar to the Terra-Luna collapse.
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South Korea plans to approve a spot Bitcoin ETF in its 2026 economic growth strategy, with the Financial Services Commission responsible for overseeing implementation. This policy shift will enable domestic investors in South Korea to invest directly in Bitcoin, aligning the Korean market with the US and Hong Kong markets. This move is part of a broader digital asset reform, which includes a new regulatory framework for stablecoins that introduces issuer licensing, capital requirements, and strict 100% reserve backing rules to prevent incidents similar to the Terra-Luna collapse.