The regulator says the domestic brokerage of a U.S.-listed Bitcoin ETF by Korean securities firms may conflict with the country’s Virtual Asset User Protection Act and Capital Markets Law, without elaborating.
newly, Authorities in South Korea They said they were planning to put in place regulations that would make officials’ cryptocurrency holdings public.
In the US, Vanguard has decided not to offer spot bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT) and BlackRock’s Grayscale Bitcoin Trust (GBTC), on its platform, citing what it calls a lack of alignment with the company’s investment portfolio strategy.