South Korea president’s office urges FSC to reconsider its spot Bitcoin ETFs stance

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On January 12, the FSC said in a press release that local securities firms looking to broker Bitcoin spot ETFs listed overseas may violate the government’s current stance on virtual assets. Providing access may also be in violation of the Capital Markets Act, it added.

The outlook contrasts with that of Hong Kong, where regulators are open to spot ETFs.

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Policy and Regulation
Bitcoin ETF
South Korea

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