On July 23rd, according to the Korea Herald, the South Korean Financial Supervisory Service recently issued verbal guidance to domestic asset management companies, asking them not to expand their holdings of crypto stocks such as Coinbase and Strategy in ETFs. The regulator reiterated that the "Emergency Measures related to Virtual Currency" issued in 2017 is still valid. The administrative guidance clearly prohibits regular financial institutions from holding, purchasing virtual assets, obtaining relevant collateral and making equity investments.
According to the data, the current holdings of virtual asset-related targets in many Korean-listed ETFs exceed 10%. Among them, the "ACE US Stock Best-Selling ETF" operated by Korea Investment Trust holds 14.59% of Coinbase. The guidance of the Financial Supervisory Service aims to control the risk exposure of traditional financial products to virtual assets.
South Korean regulators have ordered ETFs to stop expanding their holdings in crypto companies such as Coinbase
2025-07-23 02:20:58
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
韩国监管机构下令阻止 ETF 扩大对 Coinbase 等加密公司股票的持仓比例Next article:
“胖企鹅”NFT4年前公平启动价格仅约63美元,如今仅单枚NFT投资回报率达94,780%