South Korea’s Crypto Cap: 5% of Equity, 100% of Bureaucracy!

South Korea’s Financial Services Commission (FSC), that stalwart of regulatory rigor, has drafted guidelines to allow listed companies and professional investors to trade crypto, a move that would see the overturn of a nine-year-old ban. 🧱 According to BusinessKorea, the FSC shared the draft with a public-private task force on January 6th, and according to a high-ranking financial industry official, authorities are expected to release the final guidelines between January and February. 📅