South Korea’s Election Sparks Momentum For Bitcoin ETF Approval

By: bitcoin ethereum news|2025/05/15 11:00:10
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According to Ki Young Ju, all three South Korean presidential candidates support Bitcoin ETFs and institutional crypto investment. Political support may force regulators to approve spot Bitcoin ETFs after all the delays. The Financial Services Commission may come under pressure to revise crypto laws as election pressure builds. Ki Young Ju, the CEO of CryptoQuant, said on May 14 that all three major South Korean presidential candidates support spot Bitcoin ETFs and bigger institutional crypto investment. His message shared on X, signals a growing alignment between political leadership and crypto market demands. All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment. Currently, Bitcoin ETFs and institutional investments are banned in Korea. 100% volume comes from retail. pic.twitter.com/hL6cKci5VK — Ki Young Ju (@ki_young_ju) May 14, 2025 His endorsement adds weight to ongoing discussions about regulatory change, especially as South Korea’s current laws prevent the approval of spot Bitcoin ETFs. The Financial Services Commission (FSC) has long maintained that cryptocurrencies do not have the necessary legal basis for ETF approval. On the other hand, if leading candidates agree, the process of changing these limits could go faster. Presidential Race Could Redefine Crypto Policy Kim Moon-soo of the Power Party, Lee Jae-myung of the Democratic Party, and Lee Jun-seok from the New Reform Party have openly supported spot Bitcoin ETFs. They suggest that regulated crypto products are an important part of financial innovation. Kim Moon-soo said he will add Bitcoin ETFs to his campaign plans, highlighting digital competitiveness for the future. Lee Jae-myung, Democratic Party leader, said today’s economic concerns are not about a generation’s shortcomings but are deeper structural problems. At the same time, Lee Jun-seok expressed concerns about regulations being slow, saying South Korea needs to stay strong in the global crypto scene. Despite high domestic demand for digital assets, regulatory opposition has held back their growth. Because all three frontrunners are backing ETFs, it is likely that policy will change after the election. The crypto community in South Korea has a significant influence. According to Point Daily, more than 16 million citizens own crypto trading accounts, which is more than a third of the voting populace. The combined market value of cryptocurrencies in South Korea is over 2,600 trillion won, almost equal to the overall KOSPI capitalization. Presidential candidates seem to see the increasing electoral strength of digital asset investors. Presently, campaign promises are tailored to this group’s key worries, like ETF availability, open markets, and building trust with institutions. FSC Faces Pressure to Modernize Crypto Laws The FSC has traditionally been reluctant to accept ETF applications for physical crypto assets. Although limited approval has been granted to derivatives-based crypto ETFs, spot products are still inaccessible as the Bitcoin classification remains unclear from a legal aspect. If the new administration finds itself in tandem with the campaign promises, the FSC will have no option but to rethink its stance. Analysts believe that early steps might be legal revisions to classify cryptocurrencies as suitable underlining assets for the establishment of ETFs. That step would open doors to regulated modes of investment for both retailers and institutions. The timing also matters. The global ETF markets are rapidly growing. Spot Bitcoin ETFs were approved by U.S. regulators in 2024, and their success has set the bar globally. Brenda is a writer with three years of experience specializing in cryptocurrency, artificial intelligence and emerging technologies. She graduated from the University of Mombasa with a degree in Psychology. She has worked at Cryptopolitan and Blockchain Reporter. Source: https://blockchainreporter.net/south-korea-election-sparks-bitcoin-etf/

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BeatSwap is evolving towards a full-stack Web3 infrastructure, covering the entire lifecycle of IP rights.

The core product "Space" is scheduled to launch in Q2 2026, driven by SocialFi


BeatSwap, a global Web3 Intellectual Property (IP) infrastructure project, is attempting to overcome the current fragmentation limitations of the Web3 ecosystem, building a full-stack system that covers the entire lifecycle of IP rights.


Currently, most Web3 projects are still in the stage of functional fragmentation, often focusing only on a single aspect, such as IP asset tokenization, transaction functionality, or a simple incentive model. This structural dispersion has become a key bottleneck hindering the industry's scale application.


BeatSwap's approach is more integrated, integrating multiple core modules into the same system, including:


· IP authentication and on-chain registration

· Authorization-based revenue sharing mechanism

· User-engagement-driven incentive system

· Transaction and liquidity infrastructure


Through the above integration, the platform builds an end-to-end closed-loop path, allowing IP rights to complete a full cycle of "creation, use, and monetization" within the same ecosystem.


Expanding from Web3 to a broader market: Restructuring the music industry's supply-demand structure


BeatSwap is not limited to existing crypto users but is attempting to take the global music industry as a starting point, actively creating new market demand. Its core strategies include:


Exploring and incubating music creators (Artist discovery)

Building a fan community

Igniting IP-centric content consumption demand


The current global music industry is valued at around $260 billion, with over 2 billion digital music users. This means that the potential market corresponding to the tokenization and financialization of IP far exceeds the traditional crypto user base.


In this context, BeatSwap positions itself at the intersection of "real-world content demand" and "on-chain infrastructure," attempting to bridge the structural gap between content production and financial flow.


"Space" to Launch in Q2 2026: Building the Core of SocialFi


BeatSwap's upcoming core product "Space" is scheduled to launch in the second quarter of 2026. This product is defined as the SocialFi layer in the ecosystem, aiming to directly connect creators with users and achieve deep integration with other platform modules.


Key designs include:

A fan-centric interactive mechanism

Exposure and distribution logic based on $BTX staking

User paths connected to DeFi and liquidity structures


Thus, a complete user behavior loop is formed within the platform: Discovery → Participation → Consumption → Rewards → Trading


$BTX Token Mechanism: Evolving from an Incentive Tool to a Value Carrier


$BTX is designed to be a core utility asset within the ecosystem, rather than just a simple incentive token, with its value directly tied to platform activity and IP use cases.


Main features include:


· Yield distribution based on on-chain authorized actions

· Value reflection based on IP usage and user engagement dynamics

· Support for staking and DeFi participation mechanisms

· Value growth driven by ecosystem expansion


With the increased frequency of IP use, the utility and value support of $BTX will enhance simultaneously, helping alleviate the "disconnect between value and utility" issue present in traditional Web3 token models to some extent.


Accelerating Global Exchange Layout: Enhancing Liquidity and Accessibility


Currently, $BTX has been listed on several mainstream exchanges, including:


Binance Alpha

Gate

MEXC

OKX Boost


As the launch of "Space" approaches, BeatSwap is actively pursuing more exchange listings to further enhance liquidity and global accessibility, laying a foundation for future market expansion.


Beyond Web3: Aiming for a Larger-Scale Integration of Content and Finance Markets


BeatSwap's goal is no longer limited to the traditional Web3 narrative but aims to target over 2 billion digital music users and a trillion KRW-scale content market.


By integrating content creators, users, capital, and liquidity into a blockchain framework centered around IP rights, BeatSwap is striving to build a next-generation infrastructure focused on "IP tokenization."


Conclusion


BeatSwap integrates IP authentication, authorization distribution, incentive mechanism, transaction system, and market construction to establish a unified structure that bridges the full lifecycle path of IP rights.


With the launch of the Q2 2026 "Space," the project is expected to become a key infrastructure connecting content and finance in the IP-RWA (Real World Assets) track.


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