Investing TradFi 

South Korea and India Take a Firm Stance on Embracing Bitcoin: Cryptocurrency ETF Launch Deemed Legally Impossible

Even though the United States approved multiple Bitcoin exchange-traded funds (ETFs) yesterday (11), the financial regulatory agencies in South Korea and the Reserve Bank of India still express negative views on this matter. They have stated that they will not follow the financial product decisions of other countries and it is unlikely that they will launch cryptocurrency ETFs. They emphasize that cryptocurrencies may pose significant risks to emerging economies.

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