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Seo Yoo-seok, Head of the Financial Investment Association, "Will Continue to Advocate for Virtual Asset ETFs"

Uk Jin
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  • Seo Yoo-seok, head of the Financial Investment Association, stated that he will continue to advocate for the approval of virtual asset ETFs.
  • He mentioned that the inauguration of the second Trump administration is expected to activate the global virtual asset market.
  • He emphasized the support for the institutionalization of token securities to keep up with market trends.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Seo Yoo-seok, the head of the Financial Investment Association, stated during a meeting, "With the inauguration of the second Trump administration in the U.S., which is favorable to virtual assets (cryptocurrency), the global virtual asset market-related industry is expected to become more active." He added, "We will continue to advocate for the institutionalization of token securities and the approval of virtual asset Exchange Traded Funds (ETFs) to keep up with the trend."

According to the industry, Seo made this announcement during a meeting held at the Financial Investment Association in Yeouido on the 5th.

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