South Korea's Financial Services Commission is reportedly drafting guidelines that may prohibit companies from investing in stablecoins. The proposed "Guidelines for Corporate Virtual Currency Trading" aim to set standards for listed companies and registered professional investment firms engaging in digital asset trading. The draft guidelines specifically exclude dollar-denominated stablecoins, such as Tether (USDT) and USD Coin (USDC), from the scope of permitted investments. This move is intended to prevent uninformed investments during the early stages of the market.
South Korea Considers Banning Corporate Investments in Stablecoins
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
