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.
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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.