South Korea's Financial Services Commission is making a major move—preparing to lift a 9-year corporate cryptocurrency ban through new regulatory guidelines. Here's what changes: listed companies and professional investors can now allocate up to 5% of their equity portfolios to top-20 cryptocurrencies listed on major exchanges. The ripple effect is substantial, potentially impacting roughly 3,500 entities across the market. This signals a significant shift toward institutional legitimacy in the region's crypto space. The guidelines also touch on stablecoin treatment, though debate continues on exact classification and risk management frameworks. It's a watershed moment for how traditional finance and crypto convergence is being regulated at the policy level.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)