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CoinOtag 2025-12-30 21:59:09

South Korea Plans Ownership Caps on Upbit, Bithumb, Forcing Potential Share Sales

South Korea's Financial Services Commission is imposing crypto exchange ownership restrictions under the Digital Asset Framework Act, capping individual voting shares at 15-20% for major platforms serving over 11 million users. Exchanges like Upbit, Bithumb, Coinone, and Korbit are classified as core infrastructure, forcing owners above the limit to sell excess shares and reduce concentrated [...]

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