Financial Services Commission of South Korea:

977Iti

Financial Services Commission of South Korea: Will adhere to regulations restricting financial institutions from issuing cryptocurrency ETFs.

The Financial Services Commission of South Korea reaffirms its commitment to regulations restricting financial institutions from issuing cryptocurrency ETFs. The stability of the financial markets and investor protection are cited as reasons for maintaining the current restrictions. Currently, South Korea's Capital Market Act limits the underlying assets of investment contract securities, such as ETFs, to financial instruments, currencies, and common commodities, excluding cryptocurrencies.

Iravan774

Adhering to regulations poses no problem.

Yamini003

The committee in Korea is also a regulatory authority.

Kamal531

It's essential to keep an eye on the cryptocurrency market.

Shri

It's also necessary to stay informed about the news.