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South Korean Cryptocurrency Trading and Brokerage Companies Expected to be Reincluded in Risk Enterprise Designation Scope

Summary: According to reports from Newsis, South Korean cryptocurrency trading and brokerage companies, previously unable to be designated as 'risk enterprises' due to policy restrictions, are now expected to have these limitations lifted. The South Korean Ministry of SMEs and Startups announced on July 9th that they will amend the implementation details of the 'Special Act ...

According to reports from Newsis, South Korean cryptocurrency trading and brokerage companies, previously unable to be designated as 'risk enterprises' due to policy restrictions, are now expected to have these limitations lifted. The South Korean Ministry of SMEs and Startups announced on July 9th that they will amend the implementation details of the 'Special Act on the Cultivation of Risk Enterprises', allowing these companies to benefit from government support policies for risk enterprises in the future.

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