South Korea Lifts Corporate Crypto Investment Ban, Allowing Up to 5% Equity Allocation
- Investment Restrictions Eased: South Korea's Financial Services Commission (FSC) plans to allow listed firms and professional investors to allocate up to 5% of their equity to the top 20 cryptocurrencies, with corporate trading expected to commence by the end of 2026, thereby paving the way for corporate entry into the digital asset market.
- New Guidelines Development: The FSC is crafting new guidelines expected to be finalized by February, which will provide a clear investment framework for corporations, although concerns over the investment cap may hinder fund inflows and limit the emergence of specialized crypto investment firms.
- Market Environment Shift: Since banning corporate crypto investments in 2017, South Korean regulators have gradually softened their stance, reflecting an increased acceptance of digital assets, particularly under the new administration's push to reintegrate crypto into the financial system.
- Stablecoin Discussions: Ongoing discussions are considering whether stablecoins like USDT will be included as permissible investment assets, although this decision remains uncertain, potentially impacting future market dynamics and investor confidence.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00163 | 0.0154 | 0.0259 | 0.0397 | 0.0502 | 0.064 | 0.0745 |
| Fibonacci | 0.0154 | 0.0247 | 0.0304 | 0.0397 | 0.049 | 0.0547 | 0.064 |
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