South Korea's finance regulator has informally warned local asset managers to reduce their exposure to crypto exchange-traded funds (ETF) and U.S.-listed digital asset firms, according to a report by the Korean Herald.

The Financial Supervisory Service (FSS) verbally told several firms to limit their exposure to Coinbase (COIN) and Michael Saylor's Strategy (MSTR), to comply with its 2017 policy stance.

The report seems to suggest a change in policy by the country as it was previously reported that the regulator was looking at easing some of the trading requirements for crypto. The FSS' policy prohibits regulated financial institutions from holding or buying equity investments in digital assets.

An FSS official said that despite the change in the regulatory environment in the U.S. and South Korea, institutions need to abide by the current set of guidelines, the report added.

The FSS was not immediately available for comment.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。