Dec 30, 2025
South Korea Proposes 15-20% Ownership Caps for Major Crypto Exchanges
RegulationBithumb stake reductionCoinone governancecrypto ownership limitsFSC crypto policyKorean exchange regulationSouth Korea crypto regulationUpbit ownership capvirtual asset legislation
TLDR: FSC designates exchanges with 11 million users as core infrastructure requiring stricter oversight. Dunamu’s Chairman Song must divest up to 10% of his 25% stake to comply with proposed regulations. Bithumb Holdings faces major restructuring with current 73% ownership far exceeding proposed caps. Industry critics warn regulations could infringe property rights while destabilizing management [...]
The post South Korea Proposes 15-20% Ownership Caps for Major Crypto Exchanges appeared first on Blockonomi.
Source: Blockonomi →Related News
- 15 hours ago
CLARITY Act Faces Slim Odds in 2026 Without April Committee Move: Galaxy Exec
- 1 day ago
Custodia Bank Loses Final Court Appeal Over Federal Reserve Master Account
- 2 days ago
CFTC Unveils Prediction Market Regulations Impacting Kalshi, Polymarket, and Coi...
- 2 days ago
Senate Approves Temporary Federal Reserve CBDC Ban Through 2030
- 2 days ago
OFAC Sanctions Crypto Network Tied to $800M North Korea IT Worker Scheme
