South Korean Lawmaker Proposes ETF Bill to Include Virtual Assets
Key Takeaways: A bill proposes expanding South Korea’s Capital Markets Act to include digital assets as underlying ETF assets. Trust companies could legally hold and manage digital assets, under clearer rules for delegation and custody. Some industry figures warn that brokering derivatives tied to digital assets requires rigorous risk controls. Min Byung-deok, a member of […]
The post South Korean Lawmaker Proposes ETF Bill to Include Virtual Assets appeared first on Cryptonews.
https://cryptonews.com/news/south-korean...al-assets/
Key Takeaways: A bill proposes expanding South Korea’s Capital Markets Act to include digital assets as underlying ETF assets. Trust companies could legally hold and manage digital assets, under clearer rules for delegation and custody. Some industry figures warn that brokering derivatives tied to digital assets requires rigorous risk controls. Min Byung-deok, a member of […]
The post South Korean Lawmaker Proposes ETF Bill to Include Virtual Assets appeared first on Cryptonews.
https://cryptonews.com/news/south-korean...al-assets/
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