DigitalDragonfly
Tue Jul 16 2024
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7 answers
1039
Will US bitcoin ETFs violate Korean law?
With the growing popularity of Bitcoin and its associated financial products, many investors are wondering whether US Bitcoin Exchange-Traded Funds (ETFs) would potentially violate Korean laws. The question arises due to the highly regulated nature of cryptocurrencies in Korea, where strict guidelines govern their trading, custody, and usage. Given the cross-border nature of ETFs and the potential for US-based funds to attract Korean investors, there are concerns over whether these investments would be compliant with Korean regulatory frameworks. Clarifying this issue is crucial for both investors and regulators to ensure the integrity of the market and protect the interests of investors.
