South Korea Proposes 5% Limit for Listed Firms’ Crypto Exposure

South Korea proposes 5% limit for listed firms’ crypto exposure

The proposed guidelines would allow eligible firms to invest in the top 20 cryptocurrencies by market value.

South Korea To Lift Ban On Corporate Crypto Investment: Report

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South Korea Lets Companies Buy Crypto as Japan, Hong Kong Pull Back

South Korea has upended nearly a decade of crypto policy by allowing listed companies and professional investors to place part of their balance sheets into digital assets. The shift stands in contrast to tightening rules in Japan and Hong Kong. Asia no longer appears aligned on crypto regulation, and the divergence is becoming clearer. For the first time since 2017, South Korea’s Financial Services Commission (FSC) has finalized South Korea cryp…

South Korea to Limit Corporate Exposure to Cryptocurrencies to 5%

South Korea to Limit Corporate Exposure to Cryptocurrencies to 5% The South Korean Financial Services Commission is drafting a rule to impose a 5% cap on corporate investments in cryptocurrencies.

South Korea's FSC to lift ban on corporate crypto investment

South Korea’s financial authorities will allow listed companies and professional investors to invest directly in crypto, ending a restriction that has been in place since 2017. The Financial Services Commission, the country’s top financial regulator, wants to bring institutional capital into the digital currency market that is currently dominated by retail traders. More than 3,500 listed companies and investor-registered corporations will be per…