🚨South Korea's FSC warns that US-listed #Bitcoin ETFs may violate Korean law!🇰🇷 Domestic brokerage of these ETFs by Korean securities firms could conflict with the country's Virtual Asset User Protection Act & Capital Markets Act.📜

In 2017, Bank of Korea's governor declared #cryptocurrencies as commodities, not legal tender, highlighting the need for regulation.🏦

FSC promises further review, while SEC chair Gary Gensler is set to meet his Korean counterpart this month.🤝

What do you think about this regulatory clash? Share your thoughts below!👇 #crypto #ETFs #SouthKorea