Institutional Giants Move into Crypto as Global and Korean Regulatory Fog Lifts
Headline: Traditional Finance Embraces Crypto Frameworks Amidst Korean Regulatory Tightening The global digital asset landscape is shifting from a speculative fringe to a regulated institutional asset class. As the U.S. and Europe solidify their legislative frameworks, South Korea’s traditional financial heavyweights—led by Mirae Asset—are making aggressive moves into the exchange market, even as local regulators contemplate stricter ownership caps. Regulatory Clarity: U.S. lawmakers anticipate the passage of key crypto market structure bills by April, while the EU prepares for a Digital Euro pilot in 2026. Mirae Asset's Big Bet: Mirae Asset Consulting has decided to acquire a 92.06% stake in Korbit for 133.5 billion KRW (approx. $96 million), signaling a major entry by a top-tier Korean financial group into the exchange space. Regulatory Hurdles: The South Korean Financial Services Commission (FSC) is considering a 15-20% cap on major shareholder ownership for crypto exchanges,...
