South Korean authorities are discussing the prospects of approving a Bitcoin spot ETF

The head of South Korea's financial regulatory authority said on Tuesday that the Korean authorities are discussing whether to allow funds to trade on spot bitcoin exchanges approved in the country. Lee Fook-hsien, director of the Financial Supervisory Service of South Korea, said: "I am one of those who have a positive attitude towards virtual assets, while others are cautious and we need to listen to their opinions."