South Korea proposes 5% cap on listed firms' crypto exposure

South Korea has proposed guidelines that would limit listed companies' exposure to cryptocurrencies to 5% of their assets.

The proposed guidelines would allow eligible firms to invest in the top 20 cryptocurrencies by market value.

The measures are proposals and have not been finalized; it is not yet clear when or if the guidelines will be adopted.

Key Topics

Crypto, South Korea, Listed Companies, Regulatory Guidelines, Listed Firms, Cryptocurrencies