The Korea Financial Services Commission is expected to release new guidelines within the year, and this move is significant — directly overturning the ban on crypto investments in listed companies that has been in place since 2017. According to the plan, corporate and institutional investors can allocate up to 5% of their internal capital to crypto assets, but the choice is limited to the top 20 cryptocurrencies by market cap. Whether stablecoins (especially USD stablecoins) can be included is still under discussion. To prevent risks from spiraling out of control, regulators have designed a phased trading mechanism and price limit measures. Based on the allocation trends, Bitcoin and Ethereum are likely to attract the most funds, with most companies taking a conservative approach and testing the waters on a small scale first. But the real big move is still ahead — the Digital Asset Basic Law is expected to be finalized in the first quarter of this year. This legislation covers the issuance of Korean won stablecoins and the listing of crypto spot ETFs, potentially having a much broader impact than this open policy. If leading companies like Naver initiate allocations, the scale could be quite substantial. Coupled with progress in the banking system on cross-border remittances and custody services, South Korea’s crypto market infrastructure is quietly upgrading.