South Korea’s New Corporate Crypto Rules May Leave Stablecoins Out

• South Korea is drafting corporate crypto trading rules allowing companies limited digital asset access.
• Stablecoins like USDT and USDC are likely to be excluded from the initial framework.
• Firms can still access stablecoins through wallets or overseas OTC platforms.

South Korea is moving to open its cryptocurrency market to corporations for the first time, but regulators are taking a measured approach, keeping stablecoins off the table for now as the country tests the waters of institutional digital asset participation.

According to reports, the Financial Services Commission is developing guidelines that would allow listed companies and registered professional investment firms to buy and sell cryptocurrencies for investment or treasury management purposes. Major tokens such as Bitcoin and Ethereum are expected to feature on the approved list. Dollar-pegged stableco…

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