Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
South Korea, Japan and Singapore regulators may follow Hong Kong’s lead in approving spot Bitcoin ETFs

South Korea, Japan and Singapore regulators may follow Hong Kong’s lead in approving spot Bitcoin ETFs

CointimeCointime2024/04/17 00:37
By:Cointime

After Hong Kong's regulatory agency's principle approval of Bitcoin and Ethereum ETFs, other Asian regulatory agencies may also take similar actions. South Korea, Japan, and Singapore may follow Hong Kong in approving virtual asset ETFs. Karim Saber, a research assistant at cryptocurrency ETP issuer 21Shares, stated that South Korea's opposition party, which supports Bitcoin, won in the April elections, which could lead to regulatory agencies approving Bitcoin ETFs as early as this year. Tim Bevan, CEO of cryptocurrency ETP issuer ETC Group, expects that Japan and South Korea may approve such products within the next 6 to 12 months.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Chill Guy (CHILLGUY): The Meme Coin That’s All About Taking It Easy

What is Chill Guy (CHILLGUY)? Chill Guy (CHILLGUY) is a meme coin on Solana that embodies the spirit of calmness and simplicity. The meme coin is inspired by a viral meme of a relaxed, low-key dog. It’s a meme that has taken the internet by storm, celebrating the art of not worrying. The character

Bitget Academy2024/11/28 03:47