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.
According to Matrixport analyst Markus Thielen, there is little chance that the SEC will approve applications to launch a spot Bitcoin ETF in January.
Goldman Sachs is currently in discussions to become an authorized participant for spot bitcoin exchange-traded funds being considered for launch by BlackRock and Grayscale.
The issuers of two Bitcoin exchange-traded funds (ETFs) have announced the fees they will charge their holders if their ETFs are approved.
The SEC has announced that its decision regarding several Ether ETFs has been postponed until May 2024.

"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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