- The National Assembly Research Service said any move to impose ownership caps on major shareholders of virtual asset exchanges should also examine how the rules would interact with holding company ownership requirements under the Fair Trade Act.
- It said discussions over the Digital Asset Basic Act are considering a plan to cap major shareholders of virtual asset exchanges at 20% or less in principle, with ownership of as much as 34% allowed, raising the possibility of a conflict with current Fair Trade Act ownership rules.
- The research service said future legislation should be designed by considering not only user protection and market fairness, but also industry competitiveness, investment incentives, corporate governance and the relationship with existing regulations.
Parliamentary Research Service Flags Potential Clash Between Crypto Exchange Ownership Caps, Holding Company Rules
South Korea’s National Assembly Research Service said any move to cap major shareholders’ stakes in virtual asset exchanges should be reviewed alongside existing holding company ownership rules under the Fair Trade Act.
bloomingbit
Publisher
Sep 15, 2026 at 6:27 AM UTC · 2 min de lecture
Forecast Trend Report by Period
South Korea’s National Assembly Research Service said any move to cap major shareholders’ stakes in virtual asset exchanges should be reviewed alongside existing holding company ownership rules under the Fair Trade Act.
Maeil Business Newspaper reported on September 15 that the research service, in a report submitted to the office of Democratic Party lawmaker Park Min-kyu, said a holding company could struggle to satisfy two different ownership thresholds at the same time if it were to bring a crypto exchange under a subsidiary structure.
Article Intelligence
Sponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium