South Korea's National Assembly to discuss crypto spot ETF bills in February

South Korea's National Assembly will begin discussions next month on legislation to introduce spot cryptocurrency ETFs for assets like Bitcoin, Edaily reported. The assembly's National Policy Committee is scheduled to review proposed amendments to the Capital Markets Act in a subcommittee meeting in February. South Korea's Financial Services Commission also plans to amend the Capital Markets Act to permit the introduction of spot crypto ETFs, a move that aligns with the current administration's national policy agenda. Several related bills are currently pending in the legislature, including a comprehensive digital asset market bill and a bill on the digital asset market and industry.