Even though the United States approved multiple Bitcoin spot ETFs yesterday (11), the financial regulatory agencies in South Korea and the Reserve Bank of India still express skepticism and state that they will not emulate the financial product decisions of other countries. They also emphasize that it is not possible for them to launch cryptocurrency ETFs and highlight the significant risk that cryptocurrencies may pose to emerging economies.
Two Countries Take Firm Stance on Embracing Bitcoin: Launching Cryptocurrency ETF Legally Impossible
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