South Korea's ruling People Power Party has retracted its promise to introduce a bitcoin ETF, delaying plans to relax cryptocurrency regulations indefinitely. The decision includes halting the easing of cryptocurrency regulations, such as lifting a ban on local Bitcoin ETFs.
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NEW: 🇰🇷 South Korea's ruling People Power Party halts its plans to ease cryptocurrency regulations, including lifting a ban on local #Bitcoin ETFs 👀 https://t.co/9W54zlh5lo
South Korea's People Power Party has decided to delay its intentions to relax cryptocurrency regulations indefinitely https://t.co/hgoDpcQ3mk
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