South Korea lifts nine-year ban on corporate crypto investments, allowing listed companies and others to invest 5% of their net assets in crypto assets.

South Korea's Financial Services Commission has finalized guidelines allowing listed companies and professional investors to trade cryptocurrencies. The new regulations end a nine-year ban, allowing eligible corporations to invest up to 5% of their net assets annually in the top 20 cryptocurrencies by market capitalization on South Korea's five major exchanges. This policy change is expected to grant market access to approximately 3,500 entities, including listed companies and registered professional investment institutions. The regulator will also require exchanges to implement staggered execution and order size limits. Currently, whether USD-denominated stablecoins such as USDT qualify for investment is still under discussion.