Korea Financial Services Commission Plans Crypto Trading Rules Excluding USD Stablecoins

South Korea’s Financial Services Commission announced that its forthcoming corporate crypto trading guidelines will allow listed corporations and professional investment firms to trade certain digital assets through approved channels, explicitly excluding USD-backed stablecoins such as USDT and USDC due to conflicts with existing foreign exchange laws. The rules aim to provide a structured framework for corporate participation in cryptocurrencies and will take effect following the finalization of the Digital Asset Basic Act, while ongoing parliamentary reviews may influence future stablecoin regulations.

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