South Korea’s Democratic Party won the election and promised to allow Bitcoin spot ETFs
According to Mars Finance news, Bitcoin Archive posted on the X platform that South Korea’s Bitcoin-supporting Common Democratic Party won the congressional election and will form a government. Previously, the Democratic Party had promised to lift restrictions on ETFs that directly hold tokens, including U.S. Bitcoin products. It is reported that more than 6 million South Koreans (more than 10% of the population) own Bitcoin or cryptocurrency.
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.
You may also like
Yilihua: Three Factors Including Strengthened Wall Street Consensus Drive Bullish Outlook for Ethereum
Analysis: Bitcoin "accumulator" addresses have added 75,000 bitcoins this month
Jupiter Lend has officially ended its closed beta and is now open source.
The US Congress urges the SEC to allow Bitcoin and cryptocurrencies to be included in 401(k) retirement plans.
Trending news
MoreCrypto prices
More
