🇰🇷SOUTH KOREA LIFTS NINE-YEAR BAN ON CORPORATE CRYPTO INVESTING

According to Beincrypto, South Korea’s Financial Services Commission (#FSC) has officially eased regulations, allowing listed companies and professional investors to trade cryptocurrencies, ending a nine-year ban.

Eligible corporate entities may invest up to 5% of their net assets annually in cryptocurrencies ranked in the top 20 by market cap on Korea’s five major exchanges, potentially opening market access to around 3,500 institutions. Exchanges will be required to implement staggered execution and order size limits, while the eligibility of USD-backed stablecoins such as #USDT remains under discussion.

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