South Korea’s Financial Services Commission is considering a rule that would cap corporate cryptocurrency investments at 5% of a company’s equity capital, according to local media reports, as the country moves toward easing its long-standing restrictions on institutional crypto trading.
Seoul Economic Daily reported that the FSC has drafted trading guidelines for listed companies and professional investors, with a final version expected as early as January or February. Actual corporate trading could begin later this year, the report said.$ETH
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