Korea Bitcoin ETF Approval Depends on US SEC Decision, Admits Stock Exchange Official

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South Korea has joined the cryptocurrency community when it comes to waiting for the US’ verdict on Bitcoin exchange-traded funds (ETF). The nation’s sole bourse operator, Korea Exchange (KRX), admitted that it was carefully observing the constantly-unfolding crypto ETF scenario in the US. An official at the exchange – on condition of anonymity – told the Korean Herald that seeing the Securities and Exchange Commission’s (SEC) response to the bitcoin derivative products could assist KRX in understanding how they could move forward with similar investment offerings in South Korea. Excerpts from his statement: “The US has been the front-runner on the cryptocurrency

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