<ul><li>South Korea’s Financial Services Commission (FSC) plans to reevaluate its ban on local spot cryptocurrency ETFs and institutional accounts.</li><li>The approval of spot bitcoin ETFs in the U.S. has prompted the FSC to consider local listings, signaling a potential policy change.</li><li>Upbit, the dominant crypto exchange in South Korea, handles 61% of trade volume, raising concerns about its influence on partner K-bank and implications for its IPO plans.</li><li>The FSC's reevaluation and potential approval of local spot ETFs could reshape the digital asset landscape and have implications beyond the local market.</li></ul>

S.Korea’s Crypto ETF Ban Reevaluation: 61% Trade Volume Surge Red Flags

Discover more