South Korea lifts nine-year corporate crypto ban, allowing listed companies to invest 5% of their net assets in crypto assets The Korea Financial Services Commission has finalized guidelines permitting listed companies and professional investors to trade cryptocurrencies. The new regulation ends a nine-year ban, allowing qualified corporate entities to invest up to 5% of their net assets annually in cryptocurrencies from the top 20 by market capitalization on Korea's five major exchanges.
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South Korea lifts nine-year corporate crypto ban, allowing listed companies to invest 5% of their net assets in crypto assets The Korea Financial Services Commission has finalized guidelines permitting listed companies and professional investors to trade cryptocurrencies. The new regulation ends a nine-year ban, allowing qualified corporate entities to invest up to 5% of their net assets annually in cryptocurrencies from the top 20 by market capitalization on Korea's five major exchanges.