On January 12, according to Be in Crypto, the Korea Financial Services Commission (FSC) has officially approved listed companies and professional investors to invest up to 5% of their capital annually in the top 20 cryptocurrencies by market capitalization, ending the ban that has been in place since 2017. Approximately 3,500 eligible entities will be permitted to enter the market.
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On January 12, according to Be in Crypto, the Korea Financial Services Commission (FSC) has officially approved listed companies and professional investors to invest up to 5% of their capital annually in the top 20 cryptocurrencies by market capitalization, ending the ban that has been in place since 2017. Approximately 3,500 eligible entities will be permitted to enter the market.