South Korea has lifted its nine-year ban on corporate cryptocurrency investments, allowing listed companies and others to invest up to 5% of their net assets in cryptocurrencies.
Svmuu News: South Korea’s Financial Services Commission has finalized guidelines allowing listed companies and professional investors to trade cryptocurrencies. The new regulations end a nine-year ban, permitting eligible corporate entities to invest up to 5% of their net assets annually in cryptocurrencies ranked among the top 20 by market capitalization on South Korea’s five major exchanges. This policy adjustment is expected to grant market access to approximately 3,500 entities, including listed companies and registered professional investment institutions. Regulators will also require exchanges to implement staggered execution and order size limits. Currently, discussions are ongoing regarding whether dollar-pegged stablecoins, such as USDT, qualify for investment.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
DIA Coin: A Deep Dive into the Web3 Decentralized Data Oracle Platform and its Future Outlook
-
2
DOS Network (DOS) Project Analysis: Current Status and Future Outlook of Decentralized Oracles
-
3
Binance launches bitcoin-backed 'Lite Loan' allowing eligible users to borrow up to $1,000 in USDT
-
4
Ethereum ERC-20 Token Standard: Definition, Function, and Ecosystem Impact
-
5
Bitcoin's 30-day implied volatility index (BVIV) drops to 36%, its lowest since May 31, despite weak institutional demand and stablecoin market cap declines.
-
6
Upbit lists QUID token, supports KRW, BTC, and USDT trading pairs
-
7
BIXCPRO Token Analysis: Ethereum on-chain Asset Overview and Investment Risk Warning
-
8
Is BNB a Mainstream Cryptocurrency? BNB Market Cap Ranking and Ecosystem Analysis
-
9
Bitcoin Storage Guide: Cold and Hot Wallet Choices and Security Practices
-
10
The Evolution and Challenges of Ethereum: Dencun Upgrade, Vitalik's Vision, and Market Competition Analysis
Markets Today
Recommended Reading









