CryptoBullishBitcoinist · 3h ago
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Korea Tones Down 20% Crypto Exchange Stake Ban as Regulators Seek Governance ‘Middle Ground’
South Korean regulators and the ruling Democratic Party have agreed to implement a 20% ownership cap for major shareholders in cryptocurrency exchanges, but with a three-year implementation delay. This represents a compromise from earlier stricter proposals, as authorities seek a middle ground approach to crypto exchange governance.
