South Korea’s Regulator: Bitcoin ETFs Could Violate Local Law
According to a statement released by the Financial Services Commission (FSC) of South Korea, there may be a violation of Korean law by US Bitcoin ETFs that have recently been listed.
According to a statement released by the Financial Services Commission (FSC) of South Korea, there may be a violation of Korean law by US Bitcoin ETFs that have recently been listed.
Robinhood CEO Vlad Tenev announced that his company will quickly start offering spot bitcoin exchange-traded funds.
Despite a delay on Tuesday, the SEC has now given approval for some investment companies to offer spot Bitcoin exchange-traded funds.
The price of Bitcoin is expected to undergo a 20-30% correction in the upcoming months due to a decrease in dollar liquidity.
According to multinational bank Standard Chartered, the value of Bitcoin could potentially reach $200,000 by the end of 2024
The developers of the Zengo Wallet have issued a challenge to hackers by setting a task to breach a crypto wallet holding 10 BTC.
According to Matrixport analyst Markus Thielen, there is little chance that the SEC will approve applications to launch a spot Bitcoin ETF in January.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoins Banks Bitcoin Blockchain chain China crypto Cryptocurrency Crypto exchanges Crypto mining Crypto regulations Decentralized Finance Elon Musk ETH Exchange-traded fund Facebook Fintech France Funding GameFi Hackers India Investment Iran Japan Metaverse NFTs North Korea Russia Sanctions South Korea Stablecoins Technologies Tesla The city of Minsk Mazowiecki in Poland Twitter UK Ukraine US