South Korea’s KOSPI crashes 10% as regulator admits ETF mistake – Bitcoin falls below $63,000

South Korea’s benchmark KOSPI stock index plunged nearly 10% today, triggering a market-wide trading halt one day after the country’s top financial regulator acknowledged that authorities had rushed the approval of leveraged funds tied to its two largest chipmakers. According… South Korea’s benchmark KOSPI stock index plunged nearly 10% today, triggering a market-wide trading halt one day after the country’s top financial regulator acknowledged that authorities had rushed the approval of leveraged funds tied to its two largest chipmakers. According to reports, the KOSPI closed down 9.99% at 8,203.84, its steepest decline since March 4. […] The post South Korea’s KOSPI crashes 10% as regulator admits ETF mistake – Bitcoin falls below $63,000 appeared first on CryptoSlate.