South Korea is preparing to approve Bitcoin ETFs alongside the USA and Japan.
The Financial Services Commission (FSC) will meet on November 6 to discuss the regulation of spot crypto ETFs.
The FSC is forming a "civilian" committee of independent experts to develop the regulation, excluding industry leaders from the Digital Asset Exchange Association (DAXA) to avoid conflicts of interest.
The committee will also discuss the adoption and regulation of stablecoins, which are gaining importance in South Korea.