South Korea Makes Crypto Currency Fall
Inspection South Korean
The deep decline in cryptocurrencies was inseparable from the incident in South Korea announced it had examined six of the country's largest financial institutions related to compliance with money laundering laws.
Even South Korean regulators are drafting even stricter regulations on anti-money laundering compliance that the National Assembly is considering.
This news is a negative sentiment for cryptocurrency players. Indicates concerns about money laundering practices. But it provides a long-term sentiment that the financial system will be safe from such practices.
Cancel ETF Funds
The plans of two investment managers to issue cryptocurrency-based exchange trade funds (ETFs) must end. The U.S. Financial Markets Regulatory Authority, the Securities and Exchange Commission, did not approve the product due to concerns about liquidity and the valuation of futures contracts based on digital assets.
The Rafferty Asset Management LLC and Exchange Traded Concepts LLC-controlled Trust Agency has canceled plans to launch three Bitcoin mutual funds that retail investors plan to trade such as shares. No company could comment.
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Tetap Menyerah Jangan Semangat!
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Kalo orang lain saja tidak bisa, ya.. Apalagi saya!
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