South Korea lifts nine-year ban on corporate cryptocurrencies, allowing listed companies to invest in cryptocurrencies.

PANews reported on January 12 that, according to Beincrypto, South Korea's Financial Services Commission (FSC) has finalized guidelines allowing listed companies and professional investors to trade cryptocurrencies. This new rule ends a nine-year ban and allows eligible corporations to invest up to 5% of their net assets annually in the top 20 cryptocurrencies by market capitalization on South Korea's five major exchanges.

This policy adjustment is expected to grant market access to approximately 3,500 entities, including publicly listed companies and registered professional investment institutions. Regulators will also require exchanges to implement staggered execution and order size limits. Currently, whether USD-denominated stablecoins such as USDT qualify for investment is still under discussion.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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