In recent times, South Korea has taken stricter measures regarding cryptocurrencies, especially concerning corporate investment rules. As reported, the country plans to exclude USDT and USDC from corporate investment guidelines, a decision directly linked to conflicts with foreign exchange legislation (fx).

The reason behind this exclusion is related to the fact that these two major stablecoins—USDT, issued by Tether, and USDC, by Circle—raise complex regulatory issues under the country's foreign exchange law. These coins, while anchored to real assets (such as the US dollar), present characteristics that conflict with existing regulations governing foreign exchange transactions and investments in foreign currencies.

The implementation of this restriction will significantly affect South Korea's corporate cryptocurrency market, preventing companies from using these stablecoins as official investment options. This decision reflects the South Korean government's intention to strengthen its regulatory control over digital assets, aligning with more conservative interpretations of foreign exchange law.