Crypto Exchange Ownership Cap Faces Constitutional Dispute Over Property Rights

A proposal by South Korea’s government and ruling party to legislate ownership limits for major shareholders of crypto exchanges has become a focus of controversy under the planned Digital Asset Basic Act. At the 2026 Spring Academic Conference of the Korean Business Law Association, experts said the rule, while intended to improve the soundness of the digital asset market, could infringe on shareholders’ property rights. They argued that fitness reviews and stronger internal controls may be sufficient, rather than directly limiting equity holdings. Debate is expected to continue over constitutionality and regulatory effectiveness as the bill moves forward. Source: mk.co.kr