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)
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