STOCKS | South Korea’s New KOSDAQ Delisting Rules Take Effect in July, Raising Market-Cap Threshold

South Korea’s new KOSDAQ delisting rules will take effect in July, raising the market-cap threshold to 20 billion won. According to PANews, DAT, a company that holds Bitcoin, is facing pressure from a sharp drop in Bitcoin prices and capital outflows from the KOSDAQ market. The report said multiple listed companies are nearing a delisting crisis under the new requirements.