In Asia, Japan and Taiwan do not allow their nationals to issue or trade cryptocurrency ETFs, while Singapore allows trading of cryptocurrency ETFs but only for professional investors. Hong Kong, on the other hand, is open to issuing and trading cryptocurrency ETFs, which has attracted international attention. However, due to restrictions on participation by mainland Chinese residents, the trading volume is not as optimistic as previously thought.
South Korean Financial Expert Warns Against Cryptocurrency Spot ETF Not Good Will Impact Local Financial System
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