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South Korea Officially Opens Crypto Investment Businesses After 9 Years
🔹 The Financial Services Commission of South Korea (FSC) allows listed companies and professional investors to trade crypto
🔹 Businesses can invest up to 5% of their equity capital annually, limited to the top 20 cryptocurrencies across 5 major exchanges
🔹 Approximately 3,500 organizations will be eligible to participate once the regulation takes effect
🔹 This move is part of the 2026 growth strategy, linked to domestic stablecoins and Spot Bitcoin ETFs
🔹 Previously, the ban resulted in nearly 100% of the market being retail investors and caused capital outflows of about $52 billion USD
#GateProofOfReservesReport