South Korea FSS pushes for asset managers to limit crypto ETF exposure

The Financial Supervisory Service (FSS) of South Korea has given new orders to local asset managers to limit their exposure to crypto-related firms in their exchange-traded funds (ETFs). The directive refers to larger U.S. crypto companies, such as Coinbase (COIN) and Strategy (MSTR), which are prominently included in several local ETF portfolios. The asset managers […]

Source: cryptopolitan.com (Read Full Article)