Korea Tones Down 20% Crypto Exchange Stake Ban as Regulators Seek Governance ‘Middle Ground' | Bitcoinist.com

South Korean authorities and the ruling party agree on a 20% ownership ceiling for “major shareholders” in crypto and virtual assets exchanges, with a three‑year implementation delay. From A Strict...

By · · 1 min read
Korea Tones Down 20% Crypto Exchange Stake Ban as Regulators Seek Governance ‘Middle Ground' | Bitcoinist.com

Source: Bitcoinist.com

South Korean authorities and the ruling party agree on a 20% ownership ceiling for “major shareholders” in crypto and virtual assets exchanges, with a three‑year implementation delay. From A Strict Proposal To Compromise After months of friction, the Financial Services Commission (FSC) and the Democratic Party’s digital asset task force have finally converged on a […]