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South Korean Financial Supervisory Head To Meet With Gary Gensler On Bitcoin ETF

Published 02/05/2024, 06:22 PM
Updated 02/05/2024, 06:45 PM
© Reuters.  South Korean Financial Supervisory Head To Meet With Gary Gensler On Bitcoin ETF
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  • Lee Bok-hyun has announced he will visit the U.S. and meet with the SEC Chairman Gary Gensler.
  • According to Lee, the visit will allow him to discuss the virtual asset industry, including the Bitcoin spot ETF.
  • The visit will form part of Lee’s plans to visit advanced financial markets such as New York in the second quarter.

The South Korean Head of Financial Supervisory Service, Lee Bok-hyun, has announced he will visit the United States this year and meet with U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. According to a local report, the visit will allow Lee to discuss the virtual asset industry, including the Bitcoin spot ETF, with the SEC Chairman, Gary Gensler.

Lee announced his business plan for 2024 at the Financial Supervisory Service in Yeouido, Seoul, on February 5. His plans include visiting advanced financial markets such as New York in the second quarter. He noted that the visit would allow him to discuss Korean discount measures, which refer to the tendency for South Korean securities to be assigned lower valuations and other matters such as Bitcoin spot ETFs and a corporate value-up program.

While answering questions f…

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