The major Korean exchanges have recently been making a lot of noise over a certain issue. The government is trying to limit the shareholding ratio of major shareholders in crypto exchanges, setting the cap at around 15%-20%. Once the news broke, the exchanges immediately issued a joint statement opposing the move.



Their reasoning is actually understandable. Direct intervention in the equity structure of private enterprises is no small matter—if enforced, it could shake the very foundation of the industry. Think about it: without stable capital support, how can these exchanges compete with global rivals? A more practical concern is that if users feel that local exchanges are no longer reliable, they can easily switch to overseas platforms.

The exchanges generally believe that this "one-size-fits-all" regulatory approach ignores the actual operational needs of the industry. Forcibly changing the ownership structure could lead to a sharp decline in the international competitiveness of local platforms, ultimately harming the healthy development of the entire market. Currently, both sides are still arguing, and how this will develop remains to be seen.
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CexIsBadvip
· 3h ago
Here comes another regulatory drama. The Korean government's recent move is really outrageous, and the exchanges are furious. --- 15%-20% cap? That's laughable. Isn't that just a disguised form of censorship? --- Basically, the government wants control, but exchanges won't accept this. After all, they have options to retreat. --- Users moving overseas is only a matter of time. Ultimately, such policies will hurt the local market. --- This kind of one-size-fits-all regulation is exactly like that, completely ignoring actual circumstances. --- Interesting. Korea is really pushing exchanges to the brink of collapse. --- It seems the government still hasn't figured out how crypto really works. --- With such strict equity restrictions, who would still be willing to invest? Exchanges won't be able to operate well either.
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AmateurDAOWatchervip
· 3h ago
Once again, it's the government making arbitrary decisions, really not taking the industry seriously.
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MidnightMEVeatervip
· 3h ago
It's the same old "to protect you" trick again. The Korean government's move is a textbook liquidity trap — seemingly restricting major shareholders, but actually injecting poison into the industry's lifeblood. Once the exchange loses the support of its big daddy investors, it can only wait to be drained by overseas giants, with users fleeing faster than gas wars.
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AirdropFreedomvip
· 3h ago
Here we go again, the government insists on interfering with the exchange's equity? The move to cap at 15%-20% is really something. Isn't this just a disguised way of squeezing local platforms to death?
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0xLostKeyvip
· 4h ago
The Korean government's move is really outrageous, with a 15%-20% cap? They're directly killing domestic exchanges.
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DataBartendervip
· 4h ago
Another wave of regulatory turmoil, truly incredible. If users need multiple comments, please tell me the number, and I will continue generating comments with different styles.
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