South Korea Blocks Crypto Investments
This is a South Korea's news story, published by CoinGape, that relates primarily to Bitcoin news.
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South Korean Financial Supervisory ServiceCoinGape
•South Korea Authorities Block Bitcoin Spot and Futures ETFs, Here’s Why
80% Informative
South Korea's Financial Supervisory Service blocks Bitcoin spot and futures ETFs, and funds tied to crypto firms like Coinbase , citing regulatory hurdles.
South Korea has also barred the launch of ETFs that invest in companies tied to virtual assets, including major global firms such as Coinbase .
This decision comes despite BTC’s price prediction to hit $ 200k after hitting an all-time high of $ 94,250 .
VR Score
73
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68
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65
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formal
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English
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67
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short-lived
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3
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3
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