South Korea's Financial Regulators Ban Cryptocurrency ETFs

According to Odaily, South Korea's financial regulatory authorities have prohibited the issuance of cryptocurrency exchange-traded funds (ETFs) for both spot and futures products. Additionally, they have rejected funds investing in cryptocurrency companies, including exchanges. A representative from an asset management company revealed that they have been preparing to launch a fund focused on... source: https://www.binance.com/en/square/post/16492458384393?utm_source=BinanceNewsRSS