South Korea’s Financial Services Commission is thinking about a new rule to limit company investments in cryptocurrency to 5% of their total equity
Under this plan, approved companies would be allowed to invest only in the top 20 cryptocurrencies by market value, and officials are also discussing whether US dollar stablecoins should be included
The government also plans to add trading safety rules to control market impact as more companies enter the crypto market
💥South Korea’s Financial Services Commission is planning a new rule to limit company investment in cryptocurrency to 5% of their equity capital. According to local media, the FSC is preparing trading guidelines for listed companies and professional investors, which may be finalized by January or February. Corporate crypto trading could start later this year. Companies would be allowed to invest only in the top 20 cryptocurrencies by market value, while the inclusion of US dollar stablecoins like USDT is still under discussion. The rule aims to reduce risk and control volatility as institutional crypto trading gradually opens in South Korea.$ETH $XRP $USDC
