[INTERVIEW] Korea's slow embrace of spot Bitcoin ETF hurts market, tech leadership: Bybit official

Show Business and Finance Publications

Sat, January 4, 2025

[ Sat, Jan 04th ] - coloradopolitics

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Wed, January 1, 2025

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South Korea to spur foreign inflows by easing rules on FX trading

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Gold loans surge 56% in 2024: Key factors behind the growth and future outlook

Sun, December 29, 2024

[ Sun, Dec 29th 2024 ] - Forbes

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[ Sun, Dec 29th 2024 ] - TechCrunch

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Sat, December 28, 2024

[ Sat, Dec 28th 2024 ] - Forbes

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[ Sat, Dec 28th 2024 ] - Forbes

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Fri, December 27, 2024

[ Fri, Dec 27th 2024 ] - Mint

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China sanctions military firms and executives over US arms sales to Taiwan

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[ Fri, Dec 27th 2024 ] - Fortune

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[ Fri, Dec 27th 2024 ] - Forbes

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Thu, December 26, 2024

[ Thu, Dec 26th 2024 ] - bnnbloomberg

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[ Thu, Dec 26th 2024 ] - Reuters

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[ Thu, Dec 26th 2024 ] - Forbes

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[ Wed, Dec 25th 2024 ] - justthenews

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[ Wed, Dec 25th 2024 ] - MSN

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[INTERVIEW] Korea's slow embrace of spot Bitcoin ETF hurts market, tech leadership: Bybit official

_{//business-finance.news-articles.net/content/202 .. hurts-market-tech-leadership-bybit-official.html}
^{Published in Business and Finance on Saturday, December 28th 2024 at 20:40 GMT by MSN}

Korea remains slow to embrace spot Bitcoin exchange-traded funds (ETFs) compared to more financially advanced crypto markets, which undercuts the otherwise exceptional growth potential and overall market vibrancy,

The article discusses the slow adoption of spot Bitcoin ETFs in South Korea, as highlighted by a Bybit official. Despite the global trend towards embracing Bitcoin ETFs, South Korea's regulatory environment remains cautious, which is impacting the country's potential leadership in blockchain and cryptocurrency technology. The Bybit official points out that while South Korea has been at the forefront of tech innovation, its hesitance to fully integrate Bitcoin ETFs could hinder its market competitiveness. This reluctance stems from concerns over investor protection, market volatility, and the need for clearer regulatory frameworks. The official suggests that embracing these financial instruments could not only boost investor confidence but also position South Korea as a leader in the evolving digital asset space. However, the current regulatory stance might be pushing local talent and investment opportunities abroad, where regulations are more accommodating.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/interview-korea-s-slow-embrace-of-spot-bitcoin-etf-hurts-market-tech-leadership-bybit-official/ar-AA1wDmdS ]

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