South Korea Moves to End Its Corporate Crypto Ban
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Financial Services Commission (FSC) is preparing to lift South Korea’s long-standing ban on corporate crypto investment, a restriction that has been in place since 2017. Under the updated guidelines, listed companies and professional investors will be allowed to allocate up to 5% of their equity capital to digital assets, according to local media reports.
The rule change would mark a major shift in policy after nearly a decade of institutional exclusion driven by money laundering concerns. Investments will be restricted to the top 20 cryptocurrencies by market capitalization and must be executed through South Korea’s five largest regulated exchanges, with the inclusion of stablecoins like Tether’s USDT still under discussion.
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5% cap feels cautious but still a lot of money if big companies actually use it