The South Korean Financial Commission plans to gradually allow corporations to invest in virtual assets

2025-01-08 15:28:37
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ChainCatcher news, on January 8, the Financial Services Commission of South Korea announced its main work plan for 2025, stating that it will gradually allow corporations to open real-name accounts for virtual asset trading through discussions at the Virtual Assets Committee. Currently, although the law does not explicitly prohibit the issuance of real-name accounts for corporations, financial regulatory agencies have previously guided banks to avoid issuing such accounts to corporations. The Financial Services Commission plans to start with non-profit corporations and gradually develop a specific implementation plan.

In addition, the Financial Services Commission will promote the "Second Phase Virtual Assets Bill," which covers the regulation of the issuance and circulation of virtual assets. Future discussions will focus on listing standards, stablecoin management, and rules of conduct for virtual asset exchanges, aligning with global regulatory frameworks.

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