South Korea to lift 9-year ban on corporate crypto investments
South Korean regulators plan to lift a nine-year ban on corporate crypto investments as the country continues to warm up to the digital asset space.
Summary
- South Korea’s FSC will allow listed firms and professional investors to invest up to 5% of their equity in the top 20 cryptocurrencies.
- Corporate trading is expected to begin by the end of 2026 following final approval.
South Korea’s Financial Services Commission has reportedly crafted new guidelines for listed corporations and professional investors, which are expected to be finalized by February, a Jan. 12 report from Seoul Economic Daily noted. Subsequently, corporations will be able to start making…
