South Korean regulator raises concerns over domestic sales of US bitcoin ETFs
• South Korea's financial regulator says US bitcoin ETFs may violate local laws like the Virtual Asset User Protection Act
• The regulator says Korean brokerages selling US bitcoin ETFs could conflict with laws, but gave no specifics
• In 2017, South Korea's central bank said cryptocurrencies are commodities, not legal tender, needing regulation
• The financial regulator says further review of crypto regulations is coming
• Recently, South Korean authorities said they plan to make officials' crypto holdings public