South Korea's FSC Proposes 5% Cap on Corporate Crypto Investments
South Korean authorities, specifically the Financial Services Commission (FSC), are reportedly proposing a regulatory measure that would limit corporate investment in digital assets. According to reports, the proposed regulation would cap the share of a company's equity capital that can be allocated to digital asset investments at 5%. The development indicates a move towards increased regulation of cryptocurrency investments within the corporate sector in South Korea. The specific implications and details of the proposal are still emerging.
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