South Korea's *Maeil Business Newspaper* reports that in the second phase of legislation for the Digital Asset Basic Act being pushed by the South Korean government and ruling party, the 'restriction on majority shareholdings by major shareholders of virtual asset exchanges' has sparked controversy. Several legal and academic experts argue that forcibly limiting the shareholdings of major exchange shareholders could infringe on private property rights and management rights, raising constitutional concerns. Major overseas regulatory frameworks often adopt suitability reviews for major shareholders rather than directly restricting shareholding ratios. Experts suggest addressing related risks through major shareholder suitability reviews, strengthened internal controls, and the DAXA self-regulatory system. https://(wublock123.com)/news/south-korea-moves-to-limit-crypto-exchange-majority-shareholdings-constitutional-concerns-61170