CWG Markets外汇:韩国拟解禁企业加密投资

Group 1 - The South Korean Financial Services Commission (FSC) has decided to allow listed companies to allocate 5% of their capital to mainstream cryptocurrencies, marking a significant shift in East Asian financial history [1][3] - This decision addresses years of capital outflow pressure due to domestic restrictions on overseas crypto investments, and aims to position South Korea favorably in the global digital asset landscape by 2026 [1][3] - The strategy limits investments to the top 20 cryptocurrencies by market capitalization and a 5% capital allocation cap, reflecting a cautious regulatory approach of "compliance first, then expansion" [1][3] Group 2 - The introduction of a stablecoin licensing system with a 100% reserve requirement is central to building a domestic digital currency ecosystem [2][4] - The expected launch of a spot Bitcoin ETF in 2026 will create a three-part structure in the South Korean market, consisting of direct holdings, financial products, and stablecoin payments, potentially attracting around 3,500 institutional entities and bringing trillions of Korean won in liquidity [2][4] - South Korea's plan to deeply integrate Central Bank Digital Currency (CBDC) into treasury management aims to challenge the traditional SWIFT payment dominance, with a goal of digitizing 25% of treasury funds by 2030 [2][4]