#SouthKoreaDraftLawTargets15To20%ShareholderCap
🇰🇷 Korea's Exchange Founders May Have to Sell Down to 20%
Seoul's crypto framework bill is due this month, and the fight is how much of an exchange one owner may keep.
📊 Likely cap: 15-20% per major shareholder
📅 Existing exchanges may get 1-2 years to comply
🏦 Registration would become a full license
⚠️ Industry cites property rights; a voting cap is the fallback
The catch: nothing is final, and lawmakers can rewrite the cap.
Hard 20% stake cap or voting limit by Dec 31? 👇
$BTC
#SouthKoreaDraftLawTargets15To20%ShareholderCap #Korea #CryptoRegulation
🇰🇷 Korea's Exchange Founders May Have to Sell Down to 20%
Seoul's crypto framework bill is due this month, and the fight is how much of an exchange one owner may keep.
📊 Likely cap: 15-20% per major shareholder
📅 Existing exchanges may get 1-2 years to comply
🏦 Registration would become a full license
⚠️ Industry cites property rights; a voting cap is the fallback
The catch: nothing is final, and lawmakers can rewrite the cap.
Hard 20% stake cap or voting limit by Dec 31? 👇
$BTC
#SouthKoreaDraftLawTargets15To20%ShareholderCap #Korea #CryptoRegulation
