📣 SEC to Advise South Korean Regulators

posted  5 Feb 2024
Photo - SEC to Advise South Korean Regulators
The Financial Supervisory Service of South Korea (FSS) intends to meet with business representatives and the US Securities and Exchange Commission (SEC) to gather detailed information about Bitcoin ETFs. These plans were announced by the FSS Governor, Lee Bok-hyun, during a presentation in Seoul outlining his action plan for the near future.

In addition to general consultations, a meeting with SEC Chair Gary Gensler is also scheduled by the end of 2024 to discuss digital assets and Bitcoin ETFs. Notably, the FSC had previously expressed firm opposition to the approval of Bitcoin or any other crypto ETFs.