# South Korea Weighs 15% to 20% Cap on Crypto Exchange Shareholders By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/52282 Published: 2026-11-09T12:23:53.000Z Updated: 2026-11-09T12:23:53.000Z Section: Regulation > Existing platforms may receive one to two years to sell excess shares, while officials are weighing voting-rights limits as an alternative to an ownership ceiling. South Korea is weighing limits on major shareholders at crypto exchanges as officials shape legislation that would move platforms from a reporting framework to a licensing system. The Financial Services Commission (FSC) is reconciling differences among ministries on a government proposal, with introduction targeted for this month. The measure is expected to advance as a lawmaker-sponsored bill. The ceiling under consideration is 15% to 20%. Existing platforms could receive one to two years to sell shares above the threshold. Another option would restrict shareholders’ voting rights while leaving their ownership stakes untouched, amid concerns over property rights. The proposed law could impose no-fault compensation liability on exchanges affected by hacks or system failures. Failure to meet requirements to hold users’ crypto assets could become grounds for suspending operations. For stablecoins, a bank-centered consortium is expected, and the Bank of Korea (BOK) has said banks should lead issuance. The ownership ceiling was among unresolved provisions in [earlier coverage of South Korea’s digital asset bill](). The government proposal is targeted for introduction this month. ## Links in this article - [earlier coverage of South Korea’s digital asset bill](https://www.tokenpost.com/news/regulation/38535)