By Anthony Burr | TH3FUS3 Managing Editor
South Korea's Democratic Party is set to challenge the current restrictions on spot Bitcoin exchange-traded funds (ETFs) by requesting a review from financial regulators. This follows their vast victory in April's general election, which could potentially shift the country's crypto policy landscape.
While acknowledging the volatile nature of Bitcoin, Morgan Stanley said it would allow its 15,000 brokers to recommend ETFs to their clients
The US financier forecasts bitcoin's market capitalization will grow to nearly $8 trillion