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South Korean authorities seek 5% cap on corporate crypto investments: report

1 min read
South Korean authorities seek 5% cap on corporate crypto investments: report

South Korea's Financial Services Commission (FSC) is proposing a regulation that would limit corporate investments in cryptocurrencies to 5% of a company's equity capital. This initiative aims to mitigate risks associated with the volatile digital asset market while promoting responsible investment practices among corporations.

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Source: The Block · Report an issue