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President of the Korea Financial Investment Association: Will actively support the institutionalization of token securities and the approval of crypto ETFs

According to Tokenpost, the president of the Korea Financial Investment Association, Seo You-suk, said at the New Year's meeting in Yeouido, Seoul, that he will actively support the institutionalization of domestic token securities and the approval of virtual asset ETFs. President Seo pointed out that since Bitcoin and Ethereum spot ETFs have been listed and traded in the United States, Hong Kong, Canada and other places, South Korea should also at least list Bitcoin or Ethereum ETFs and cultivate them into financial products. He stressed that he will continue to make recommendations to financial authorities to allow virtual asset ETFs to ensure that South Korea does not fall behind in this trend.