shareholdercap

#SouthKoreaDraftLawTargets15To20%ShareholderCap 🇰🇷 Big regulatory move incoming! South Korea’s Financial Services Commission is set to submit a draft Digital Asset Basic Law this month that could cap single-shareholder ownership in crypto exchanges at 15–20%, with a 1–2 year transition period. They’re also weighing voting-rights limits instead, plus a shift to full licensing and stricter stablecoin rules.
This aims to boost transparency and reduce concentrated control in a market dominated by a few big players. While it may force ownership adjustments and slow some deals, clearer rules and stronger governance could attract institutional capital long-term. Balance is key — regulation should protect users without stifling innovation. South Korea’s crypto scene is maturing fast.

What do you think — necessary safeguard or too restrictive? Share your views below! 👇

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