South Korea ends nine-year ban on corporate cryptocurrencies, allowing up to 5% equity investment in the top 20 cryptocurrencies.

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MarsBit
01-12
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According to a report by Be in Crypto on January 12th, Mars Finance reported that South Korea's Financial Services Commission (FSC) has officially approved listed companies and professional investors to invest up to 5% of their equity capital annually in the top 20 cryptocurrencies by market capitalization, ending a ban that had been in place since 2017. Approximately 3,500 eligible entities will be permitted to enter the market.

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