SOUTH KOREA MOVES TO END CORPORATE CRYPTO INVESTMENT BAN

South Korea’s Financial Services Commission (FSC) announced plans to lift a nine-year prohibition on corporate cryptocurrency investment, allowing listed companies and institutional investors to allocate up to 5% of equity or net assets into leading digital assets. 

The policy shift would affect more than 3,500 publicly traded firms and large institutional entities across the Korean market.

Under the proposed framework, stablecoin holdings and other digital asset exposures are subject to ongoing guideline development between regulators and industry participants. 

This move signals a structural embrace of institutional participation and broader integration of digital assets in traditional finance within Asia’s fourth-largest economy.

#CryptoNews #blockchain #DigitalAssets #Ethereum #BinanceSquare

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