Cryptocurrency Q&A
Are Us spot bitcoin exchange-traded funds illegal in local markets?
Are Us spot bitcoin exchange-traded funds illegal in local markets?
DaeguDiva
Mon Nov 25 2024
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I'm wondering if it's illegal to trade spot Bitcoin exchange-traded funds in my local market. I've heard mixed opinions and want to clarify the legality of this matter.
5 answers
Silvia
Tue Nov 26 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing digital assets. With its comprehensive suite of offerings, BTCC has become a popular choice for cryptocurrency traders.
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CryptoLordGuard
Tue Nov 26 2024
Image: David McBee / Pexels.
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SsangyongSpirit
Tue Nov 26 2024
According to the warning issued on Friday, brokering such ETFs may be considered illegal in South Korea. This revelation has raised concerns among investors and traders in the region.
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Alessandra
Tue Nov 26 2024
The statement by the South Korean financial regulator follows the recent approval of bitcoin-based ETFs by the US Securities and Exchange Commission. This approval was hailed as a landmark moment for the cryptocurrency industry.
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noah_wright_author
Tue Nov 26 2024
The approval of bitcoin-based ETFs in the US has opened up new investment opportunities for cryptocurrency enthusiasts. However, it seems that South Korean investors may not be able to participate in this new market due to the local regulatory restrictions.
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