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Home » South Korea’s Samsung Securities, Mirae Asset suspend foreign spot bitcoin ETFs amid regulatory warning – The Block – Crypto News

South Korea’s Samsung Securities, Mirae Asset suspend foreign spot bitcoin ETFs amid regulatory warning – The Block – Crypto News

South Korea’s Samsung Securities, Mirae Asset suspend foreign spot bitcoin ETFs amid regulatory warning – The Block – Crypto News

by Danny ParkThe BlockQuick TakeSeveral South Korean brokerages including Samsung Securities and Mirae Asset have halted transactions of foreign spot bitcoin ETFs following a warning from the country’s top financial regulator. Several major securities firms in South Korea suspended today the brokerage services of spot bitcoin ETFs, including those from Canada and Germany, as a preemptive measure following a cautionary announcement from the country’s financial watchdog.“The brokering of foreign-listed bitcoin spot ETFs by domestic securities firms may violate existing government positions on virtual assets and capital market laws,” the Financial Services Commission said today in the notice, likely published in reaction… 

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