Under these newfound rules, companies may invest up to 5% of their equity capital in cryptocurrencies. A mere pittance, one might think, but in the hands of corporate behemoths like Naver, it could become a tidal wave. The original ban, a relic of crypto’s wild west days, was meant to thwart money laundering and shield markets from the whims of digital lunacy. But alas, the FSC now treads cautiously, permitting only investments in the top 20 cryptocurrencies by market value. All transactions must pass through the hallowed gates of South Korea’s five largest regulated exchanges, lest chaos ensue. Stablecoins like USDT remain in regulatory limbo, their fate hanging by a thread as bureaucrats debate their transparency and capital flow risks. 🧐