South Korea Lifts Nine-Year Ban on Corporate Cryptocurrency Investments

According to Odaily, the South Korean Financial Services Commission has finalized guidelines permitting listed companies and professional investors to trade cryptocurrencies. This new regulation ends a nine-year prohibition, allowing eligible corporate entities 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. The policy shift is expected to grant market access to approximately 3,500 entities, including listed companies and registered professional investment institutions. Regulatory authorities will also require exchanges to implement staggered execution and order size limits. Discussions are ongoing regarding the eligibility of dollar-pegged stablecoins like USDT for investment.