Korean Exchange Revises Rules, Companies Listed via Technology Exception Transitioning to Crypto Treasury Will Face Delisting Review
CoinFeed July 2 news, according to Digital Asset report, Korea Exchange is taking measures to plug regulatory loopholes for technology exception listed companies, preventing them from shifting their main business to areas such as virtual asset treasury management. KRX announced today the revision of listing rules as part of broader efforts to enhance market trust and innovation. Under the new rules, companies listed through the technology exception procedure that change their main business purpose within five years after IPO will undergo substantive delisting review. Change of business purpose refers to additions or amendments to the articles of incorporation, but does not involve changes to businesses similar or ancillary to the original main business.