South Korea Proposes Crypto Exchange Ownership Caps, Threatening Major Deals

Photo by BeInCrypto South Korea's Financial Services Commission (FSC) has reportedly proposed limiting major shareholders of cryptocurrency exchanges to 15-20% ownership stakes, a regulatory bombshell dropped on December 30-31 that is now casting a long shadow over the industry's outlook for 2026. The proposal would force the founders and controlling shareholders of Korea's top five exchanges to divest significant portions of their holdings. A New Year Clouded by Uncertainty The timing of the announcem ...