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Just-In: South Korea's FSC To Allow Corporate Investments in Crypto Assets

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Summary
Nutrition label

75% Informative

South Korea's FSC plans to enable corporate investments in digital assets.

Proposed framework will first review eligibility of the shareholder, and then check social requirements.

The FSC also plans to support early institutionalization of innovative financial services.

This marks a significant move for the crypto market, especially in South Korea where agencies are also contemplating strengthening the collaboration between financial holding companies and fintech companies.

VR Score

63

Informative language

55

Neutral language

69

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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