According to South Korean media outlet *The Korea Economic Herald*, South Korea's financial regulatory authorities are leaning towards excluding USD stablecoins like USDT and USDC from the approved list while drafting guidelines for allowing publicly listed companies to invest in cryptocurrencies. Regulators believe that since the current *Foreign Exchange Transactions Act* in South Korea does not recognize stablecoins as a legal means of external payment, permitting corporations to invest in stablecoins under the guidelines would conflict with the existing legal framework. Although some companies with cross-border trade needs hope to use stablecoins for hedging exchange rates and instant settlements, the Financial Services Commission (FSC) has preliminarily decided to initially allow investments only in the top 20 non-stablecoin assets by market cap (e.g., BTC, ETH). Additionally, the investment amount may be capped at 5% of the company’s own capital. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57740