South Korean Party Pledges Access to US Bitcoin ETFs in Race for Votes
- Parliament poll due April 10 in Asia’s fourth-largest economy
- Crypto-loving South Koreans currently can’t buy the US funds
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Campaigning in South Korea’s parliamentary election has underlined the nation’s status as one of the world’s largest crypto markets, with both major political parties touting related inducements to win votes.
President Yoon Suk Yeol’s People Power Party has vowed to delay a digital-asset tax, while the opposition Democratic Party pledged to lift curbs on exchange-traded funds — including US Bitcoin products — that directly hold tokens.