Source: CryptoNewsNet
Original Title: South Korea proposes 5% limit for listed firms’ crypto exposure
Original Link:
South Korea’s Financial Services Commission is considering a rule that would cap corporate cryptocurrency investments at 5% of a company’s equity capital, as the country moves toward easing its long-standing restrictions on institutional crypto trading.
The FSC has drafted trading guidelines for listed companies and professional investors, with a final version expected as early as January or February. Actual corporate trading could begin later this year.
Under the proposal, eligible firms would be allowed to allocate up to 5% of equity capital per year to digital assets, limited to the top 20 cryptocurrencies by market value. Whether U.S. dollar stablecoins such as USDT would be included is still being discussed.
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South Korea proposes 5% limit for listed firms' crypto exposure
Source: CryptoNewsNet Original Title: South Korea proposes 5% limit for listed firms’ crypto exposure Original Link: South Korea’s Financial Services Commission is considering a rule that would cap corporate cryptocurrency investments at 5% of a company’s equity capital, as the country moves toward easing its long-standing restrictions on institutional crypto trading.
The FSC has drafted trading guidelines for listed companies and professional investors, with a final version expected as early as January or February. Actual corporate trading could begin later this year.
Under the proposal, eligible firms would be allowed to allocate up to 5% of equity capital per year to digital assets, limited to the top 20 cryptocurrencies by market value. Whether U.S. dollar stablecoins such as USDT would be included is still being discussed.