Jeong Eun-bo, head of the South Korea Stock Exchange, said the exchange wants to "explore" the approval of cryptocurrency ETFs in 2025. The country's Financial Services Commission also wants to allow companies to launch security token offerings.

according to South Korea Media outlet the truthJeong spoke at the 2025 Securities and Derivatives Market Opening Ceremony about the desire to explore cryptocurrencies Exchange-traded funds consent.

In his speech, he explained how the political crisis in South Korea turned a sluggish exchange into a pit of chaos after President Yeon Suk-yul's failed attempt to declare martial law. Weary traders and investors rushed to sell their holdings in what looked like a mass exodus from the stock markets.

In the wake of this disruption, the chairman believes the nation should explore new business sectors, starting with alternative assets in the form of cryptocurrency ETFs.

“We will measure the external cases of new companies such as cryptocurrency ETFs and explore new areas in the capital market,” Jeong said, adding that he also intends to continue promoting South Korea’s Corporate Value Program, which helps investors analyze the performance of their companies. To enhance value.

By exploring new business avenues such as cryptocurrency ETFs, Jeong hopes they will be attractive enough to bring back foreign and domestic investors who have left the market.

In addition, Financial Services Commission President Kim Byung-hwan also spoke at the ceremony. He expressed his keenness to allow companies to launch Security token offers In 2025. Companies in South Korea have been waiting for years to get the green light to issue STOs.

He explained that the agency intends to put in place measures to improve IPO System and enhanced listing and delisting procedures for companies looking to launch their own security tokens. The agency aims to ensure that IPO prices remain rational.

“We will institutionalize STOs, segmented investment platforms and equity platforms to diversify the securities issuance and distribution system to enhance collective investment tools for corporate growth,” Kim said.

Based on these statements, the Korean Stock Exchange and the Financial Services Commission (FSC) are looking forward to monitoring the progress of cryptocurrency regulations to legitimize the sector. Ditto I mentioned By crypto.news The head of a South Korean stock exchange urged lawmakers to act quickly to institutionalize the cryptocurrency industry or risk falling behind other countries.

Unfortunately, lawmakers have decided to put aside regulations surrounding cryptocurrencies and put them on the back burner "Waiting" Until the impeachment of President Yeon Suk-yeol is completed. At the time of writing, a Seoul court had issued an arrest warrant for Yoon after he failed to show up for questioning three times. However, the arrest was canceled due to security blocking the road leading to Yoon's property.