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South Korea bans overseas Bitcoin ETF trading through domestic brokers

South Korea bans overseas Bitcoin ETF trading through domestic brokers

Cointime2024/01/12 00:26
By: Cointime
BTC-0.46%

South Korean financial regulators have stated that domestic securities firms providing brokerage services for Bitcoin spot ETFs listed overseas may violate the Capital Markets Act. The Korean Financial Services Commission stated in a statement that Korea will study Bitcoin spot ETF trading matters, and regulatory agencies are preparing rules for encrypted assets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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