South Korea Allows Corporate Crypto Investment, Excludes Stablecoins


South Korea's FSC is lifting a 9-year ban on corporate crypto trading.
3,500+ listed companies can now invest up to 5% of equity in top 20 cryptos like $BTC and $ETH.
But $USDT and $USDC are excluded.
Why?
Korea's Foreign Exchange Act doesn't recognize stablecoins as legal cross-border payment tools. Allowing corporate stablecoin holdings would bypass the country's FX banking system.
Key Points:
➞ Trading limited to 5 major Korean exchanges
➞ A stablecoin amendment is pending in the National Assembly since Oct 2025
➞ Korea is also developing a won-based stablecoin framework
➞ Corporate crypto trading expected to go live by end of 2026
BTC1,14%
ETH0,23%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin