South Korean crypto exchanges are facing uncertainty as regulatory delays hinder plans for companies to purchase Bitcoin and other cryptocurrencies with their balance sheets. The Financial Services Commission had proposed a roadmap to enable such activities, initially targeting NGOs and government bodies, but final guidelines have yet to be issued. Exchanges like Upbit and Bithumb have prepared for corporate services, but businesses express frustration over the lack of clarity and competitive disadvantage compared to the US and Japan. Industry analysts highlight the growing anxiety and uncertainty caused by these delays.
Regulatory Delays Stall South Korean Bitcoin Treasury Plans
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