South Korea’s Fair Trade Commission sees no conflict over exchange ownership caps

  • South Korea’s Fair Trade Commission found no legal conflict between exchange ownership caps and the Fair Trade Act.
  • National Assembly Research Service material said the rules address different ownership objectives.
  • Digital asset exchange caps aim for dispersed ownership, while the Fair Trade Act aligns ownership and responsibility.

South Korea’s Fair Trade Commission said limits on equity ownership in digital asset exchanges do not conflict with the Fair Trade Act. Material submitted by the National Assembly Research Service to Democratic Party lawmaker Park Min-gyu’s office said the Fair Trade Act aligns ownership with responsibility in holding company structures, while exchange ownership caps seek dispersed ownership to support fairness given the industry’s characteristics.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.