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Benzinga
Benzinga
Business
Murtuza J Merchant

Coinbase, Strategy Under The Microscope In South Korea's ETF Market—Should You Be Concerned?

Coinbase Strategy ETF South Korea Crypto FSS
The Coinbase Trade

South Korea's financial regulator has reiterated its stance against institutional investment in crypto-related firms, advising domestic asset managers to limit their exposure to companies such as Coinbase (NASDAQ:COIN) and Strategy (NASDAQ:MSTR) in ETF portfolios.

What Happened: According to a local news report, the Financial Supervisory Service (FSS) recently issued verbal guidance to several asset management firms.

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