Policy Event Β· Medium impact

Korea Blockchain Association Challenges FSC Exchange Ownership Caps

Korea Blockchain Association submitted formal letter to FSC on February 11, 2026 outlining concerns with proposed ownership caps for crypto exchange shareholders. Industry group represents major players in South Korea crypto sector and is pushing for regulatory reconsideration.

Medium impactπŸ‡°πŸ‡· South KoreaRegulationExchangeBTCETHKorbitBithumb

APAC FINSTAB analysis

For APAC operators, this creates a medium-impact signal around regulation, exchange in South Korea. Protocols/assets in scope: BTC, ETH. Named institutions or platforms: Korbit, Bithumb. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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