South Korea Lifts Ban on Corporate Crypto Investments
South Korea lifts ban on corporate cryptocurrency investments.
South Korea’s Financial Services Commission (FSC) has lifted the ban on corporate investments in cryptocurrencies, according to local media.
The final regulations will be published in January or February. Under the draft, legal entities will be allowed to allocate up to 5% of their shareholder equity to coins within the top 20 by market capitalization. Stablecoins are not yet included in this list—a decision on them will be made…
