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South Korea sets corporate crypto rules, weighs caps and excludes banks
Guidelines containing rules for corporations' virtual asset investments are expected as early as next month. The financial authorities, which are discussing the final draft, plan to release the Digital Asset Basic Act and the corporate transaction guidelines in sequence. The scale of corporations' virtual asset investments is still under discussion. According to the financial industry on the 4th, the Financial Services Commission is reviewing the final draft of the corporate virtual asset transaction guidelines. The Financial Services Commission aims to announce the Digital Asset Basic Act within this month, so the ... (full story)
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