South Korea’s financial regulator has banned the launch of ETFs linked to cryptocurrency companies, citing 2017 directives. This limits institutional investments despite the growing interest in cryptocurrencies. The FSC plans to create a Committee to review the regulations and approve spot ETFs.
11/21/2024 11:26:57 AM (GMT+1)
South Korea blocks the launch of cryptocurrency ETFs despite $130 billion in transactions and growing investor interest in digital assets 📊
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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