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Stock impact report

South Korea Proposes Crypto Exchange Ownership Caps, Threatening Major Deals [Yahoo! Finance]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Yahoo! Finance
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. The timing of the announcement—just days before the new year—has left industry participants scrambling to assess the implications. A local media outlet first broke the story on December 30, which was subsequently covered by major financial outlets. What was expected to be a celebratory period marking another year of growth in one of the world's most active crypto markets has instead become a period of anxious speculation about the future of exchange ownership structures. "The industry entered 2026 under a cloud of regulatory uncertainty," one exchange executive told reporters. "Deals that were on the verge of closing are now back on the drawing board." Under the proposed Digital Asset Basic Act, the FSC ai Show less Read more
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