South Korea Reopens the Corporate Door to Crypto After Nine Years
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- South Korea allows companies to invest up to 5% in crypto.
- Only the top 20 cryptocurrencies on major exchanges qualify.
- South Korea studies ETF law changes as spot crypto ETF talks return
South Korea is reopening the doors to corporate cryptocurrency investing after nearly a decade of tight restrictions, a shift that could redraw the country’s digital asset landscape and pull institutional money into a market long dominated by individual traders.
Regulators have formally lifted a 2017 ban, allowing listed companies and professional investors to hold cryptocurrencies subject to clearly defined limits.
Caps, Safeguards, and Asset Limits
Under the new rules, firms may allocate up to 5% of their equity capital to digital assets, with investments restricted to the top 20 cryptocurrencies by market capitalization listed on South Korea’s five major exchanges. R…
Read The Full Article South Korea Reopens the Corporate Door to Crypto After Nine Years On Coin Edition.
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