South Korea Crypto Crisis: Lawmaker Scandal and Ownership Caps Threaten Market Giants
South Korea Crypto Scandal: Lawmaker Favoritism and Regulatory Overreach Shake Exchanges South Korean authorities have dragged the nation’s cryptocurrency sector into a storm of controversy, with allegations of political favoritism by independent lawmaker Kim Byung-kee colliding with a heavy-handed proposal by the Financial Services Commission (FSC) to cap ownership stakes in crypto exchanges at 15%-20%. […]
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