South Korea Lifts Nine-Year Corporate Crypto Ban, Allowing Listed Companies to Invest 5% of Net Assets in Crypto Assets
Odaily News The Financial Services Commission of South Korea has finalized guidelines allowing listed companies and professional investors to trade cryptocurrencies. This new regulation ends a nine-year ban, permitting eligible corporate entities to invest up to 5% of their net assets annually in cryptocurrencies ranked within the top 20 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 listed companies and registered professional investment institutions. Regulators will also require exchanges to implement staggered execution and order size limits. Currently, discussions are ongoing regarding whether USD stablecoins like USDT qualify as eligible investments.
