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Bitcoin ETFs endorsed

The nation’s financial regulator on Friday rejected the proposed introduction of U.S. spot bitcoin exchange-traded funds (ETFs) in the domestic market. The Financial Services Commission (FSC) said in a statement, Any trading of the overseas-listed cryptocurrency ETFs may infringe upon the Capital Markets Act on related assets. An FSC official added that it would be difficult for Korea to follow suit as the two nations have different legal systems.
Soult Ukpyolsi South Korea New Delhi Rhee Chang Yong National Assembly Financial Services Commission

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