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TechFlow news, January 12 — According to BeInCrypto, South Korea's Financial Services Commission (FSC) has officially approved allowing listed companies and professional investors to invest up to 5% of their equity capital annually in the top 20 cryptocurrencies by market capitalization, ending a ban that had been in place since 2017. Approximately 3,500 eligible entities will be permitted to enter the market.
According to Be in Crypto, the Korea Financial Services Commission (FSC) has officially approved allowing listed companies and professional investors to invest up to 5% of their equity capital annually in the top 20 cryptocurrencies by market cap, ending a ban that had been in place since 2017. Approximately 3,500 eligible entities will be permitted to enter the market.
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