South Korean Regulator Requires Investment Firms to Control Exposure to Crypto-Related Companies such as Coinbase and Strategy
BlockBeats News, July 23rd, according to The Korea Economic Daily, the Financial Supervisory Service (FSS) of South Korea has recently instructed local asset management companies to adjust their Exchange-Traded Funds (ETFs) to restrict exposure to cryptocurrency-related companies such as Coinbase and Strategy. The regulatory agency stated that asset management companies need to comply with the administrative guidelines issued by the Financial Services Commission (FSC) of Korea in 2017, which prohibit regulated financial institutions from holding, acquiring, or investing in virtual assets.
This directive from the local regulatory agency has sparked complaints from domestic financial participants who believe it has created an unfair competitive environment, as retail investors can purchase U.S. ETFs by investing in cryptocurrency companies. An official from the Financial Supervisory Service stated that even if regulatory requirements in the U.S. and Korea change, institutions must adhere to existing guidelines until new regulations are enacted.
The Financial Supervisory Service is responsible for overseeing the South Korean financial industry, focusing on the daily practical supervision of various financial entities. It serves as the executive agency of the Financial Services Commission (FSC), the highest financial regulatory authority in Korea.
You may also like
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

