South Korea To Establish Virtual Assets Committee This Month

According to Foresight News, South Korea is set to establish the Virtual Assets Committee within this month, with the first meeting expected to take place soon. The committee will operate under the jurisdiction of the Financial Services Commission (FSC). Analysts believe that the formation of this committee will expedite discussions on approving Bitcoin and Ethereum spot ETFs. Industry insiders have also indicated that the committee will address the issue of allowing corporate investments in virtual assets.