South Korea Opens Doors to Corporate Crypto Investments After Long Ban

South Korea is making a big change in its crypto rules. After keeping corporations out of crypto for nine years, the Financial Services Commission (FSC) is now letting them in. Big companies and professional investors can now put up to 5% of their money into digital assets. This is a huge shift from the old rules that stopped institutions from getting into crypto back in 2017. But there are some limits. Companies can only invest in the top 20 cryptocurrencies by market size and must use the five biggest regulated exchanges in Korea. The FSC is still talking about whether to include stablecoins like Tether’s USDT. They shared the new rules with their crypto team on January 6 and plan to roll them out fully by February.This change could bring a lot of money into the crypto market. For example, Naver, a big South Korean internet company, could buy a lot of Bitcoin with its equity capital. The move might also speed up the launch of a national stablecoin and Bitcoin ETFs. It could help local crypto companies grow and bring more investment into digital assets. South Korea is also focusing on digital currencies as part of its economic plan. By 2030, they want 25% of national funds to be handled through a central bank digital currency (CBDC). They are also planning to introduce licenses for stablecoin issuers, making sure they have full reserves and guaranteeing user rights. This is a big deal for South Korea’s crypto scene. It shows they are serious about embracing digital assets and could lead to more innovation and investment in the country.