SOUTH KOREA CRACKS DOWN! Exchanges Face MASSIVE Shakeup.
This isn't just regulation. It's a seismic shift. South Korea's financial watchdog is pushing for strict ownership limits on crypto exchanges. Major shareholders will be forced to sell stakes, potentially as low as 15-20%. This move targets the very structure of top platforms like Upbit and Coinone. The goal: prevent concentrated power and ensure market integrity. The proposed Digital Asset Basic Law aims for swift passage. Prepare for a complete industry reset. This is the second phase of crypto regulation, and it's coming FAST.
Disclaimer: This is not financial advice.