TechFlow news, February 10 — According to the Korea Economic Daily, Jung Eun-bo, chairman of the Korea Exchange, reiterated his call during an interview in Seoul for the listing of cryptocurrency ETFs in South Korea. He emphasized that South Korea ranks third globally in actual cryptocurrency trading volume and that cryptocurrencies represent a crucial area for generating new value within the financial industry.
Jung pointed out that with the U.S. already having launched both cryptocurrency futures and spot ETFs with active trading, South Korea needs to quickly follow suit by allowing cryptocurrency ETF trading. He believes such products would help deepen financial markets and provide investors with more regulated digital asset investment options.
His remarks come as South Korea's stock market faces structural challenges including a shrinking investor base, excessive stock splitting, and "zombie companies." He stated that efforts will be strengthened to enhance market regulation and transparency, promote corporate value-improvement initiatives, and accelerate the delisting of non-viable firms.
