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South Korean Democratic Party lawmakers propose to include digital assets in the ETF base asset bill
Min Byung-duk, a lawmaker from the Democratic Party of Korea, today launched an amendment to the Capital Markets and Financial Investment Industry Law, aiming to include digital assets (virtual assets) in the scope of underlying assets and trust properties of financial investment products. The amendment will allow digital assets such as bitcoin to be used as the underlying assets of financial products such as exchange-traded funds (ETFs), while providing a legal basis for trust operators to cust...
2025-06-27 02:52:17
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