Published October 22, 2026 · 06:09 US/Eastern

Korea Crypto Bill Nears Completion: 50%+1 Rule [2026] - https://tech-insider.org/

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South Korea's long-debated crypto bill is reportedly nearing completion, with reporting pointing to a "50%+1 rule" as a central feature. The provision would require shareholder approval exceeding a simple majority for certain major decisions at digital-asset exchanges—an effort to strengthen corporate governance and minority-shareholder protections in a sector where ownership has often been concentrated.

For markets, the development matters less as a price catalyst than as a structural signal. Clearer rules on exchange ownership and decision-making can reduce legal uncertainty for operators and investors alike, and may influence how platforms structure control, list assets, and raise capital. It also adds to a broader pattern in Korea of formalizing oversight of virtual-asset businesses rather than relying on guidance alone.

What to watch: the bill's final text and any amendments before passage, the scope of decisions covered by the 50%+1 threshold, and implementation timelines once enacted. As always, the practical effect will depend on enforcement details rather than the headline. This is an evolving story; readers should consult the primary source and official releases for confirmation.

Source: news.google.com

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