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South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform

Bitcoinist LogoBitcoinist23h ago

South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform - Bitcoinist

Quick Summary:

As South Korea heads into its upcoming presidential election scheduled for June 3, the People Power Party (PPP) has introduced a wide-ranging set of crypto policy proposals aimed at reshaping the country’s digital asset market.

The policy roadmap also includes plans to create a legal framework for security token offerings (STOs) and establish comprehensive guidelines for the issuance and regulation of stablecoins.

Among the most notable measures announced by the PPP is a plan to lift the existing restriction that limits crypto exchanges to partnering with only one bank for real-name verified accounts.

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South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 07:30:23 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28296062

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform" has 477 words across 31 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "South Korea’s Ruling Party Proposes Spot Crypto ETF Trading and Banking Reform" was covered 23 hours ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 12 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #28296062
  • URL: https://infodata.beamstart.com/news/south-koreas-ruling-party-proposes-17460026844035

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