South Korea's pension fund staff trade crypto without rules, audit finds
- —No internal rules or checks cover crypto holdings by fund staff
- —Stocks and ETFs face bans, reporting and annual audits including family members
- —194 violations on financial products were found in checks from 2020 to June 2025
- —The fund has indirect crypto exposure via Coinbase and Strategy shares
Why it matters: The regulatory gap raises conflict-of-interest risks at Korea's largest pension fund and could prompt new crypto restrictions for public institutions.
Source: Bloomingbit