South Korea’s Democratic Party won the election and promised to allow Bitcoin spot ETFs

2024/04/11 09:51

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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.

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