People Power Party Advocates for Bitcoin ETF Approval, Eyes Legal Amendments

Crypto
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author: CryptoNews

date: November 06, 2025

1 min. read

The People Power Party (PPP) is pushing for the approval of Bitcoin Exchange Traded Funds (ETFs) in South Korea, urging financial authorities to greenlight the investment vehicle. News1 reported on the party's commitment, highlighting their pledge made during the last general election. The PPP's Special Committee for Stock and Digital Asset Value Enhancement emphasized the need for swift action. In a recent press release following their third meeting, they stated, "We urge the financial authorities to approve the Bitcoin ETF as soon as possible." Furthermore, the party is prepared to address any legal obstacles hindering the ETF's approval. Should related legal amendments be deemed necessary, the PPP intends to pursue these changes within the current regular National Assembly session, demonstrating their dedication to facilitating Bitcoin ETF availability in the South Korean market. This proactive approach signals a potentially significant shift in the regulatory landscape for digital assets in the country. ```