ChainCatcher news, according to Newsis, Kim Jae-yong, Vice Chairman of the Financial Services Commission of Korea, announced at the third virtual asset committee meeting that the establishment of real-name accounts for corporate entities will be promoted in three phases.The first phase (before the second quarter of 2025) will allow law enforcement agencies, non-profit corporations, and virtual asset exchanges to open accounts; the second phase (in the second half of 2025) will expand to approximately 3,500 professional investment corporations; the third phase will consider opening to ordinary corporate entities.The Financial Services Commission stated that the plan will be gradually advanced after improving anti-money laundering regulations and institutional development.

ChainCatcher news, according to Coinpost, the Digital Agency of Japan confirmed at the 5th Web3.0 Research Meeting the establishment of a DAO for the research group. Due to the unclear legal status of DAOs in Japan, the Digital Agency will investigate and analyze the issues and potential through actual participation in the DAO, and plans to study whether to grant legal entity status to the DAO.As specific measures for the DAO, the Digital Agency will consider whether to allow small and easily financed startups to raise funds through the DAO, as well as to promote the content industry and regional development by issuing NFTs and forming DAOs.In addition, the Web3.0 Research Group DAO will be participated by the Digital Agency of Japan and its members. The Digital Agency will be responsible for the operation and production of the DAO, collection of gas fees, distribution of tokens to members, voting, and other tasks, aiming to become a model and example for DAO organizations in Japan in the future. The tentative implementation period of the project will last until the end of the research group, but discussions will also be held based on circumstances and future judgments of the DAO.It is reported that the Digital Agency of Japan is the highest department responsible for administrative digitalization in the Japanese government, and established the Web3.0 Research Group at the end of September this year to further explore the appropriate posture of the economy, industry, and society aimed at Web3. The seminar will conclude by the end of this year, with a total of 10 meetings held. At the 5th Web3.0 Research Meeting, the Digital Agency discussed the advantages and risks of crypto assets, DeFi, NFTs, and the metaverse. (Coinpost)

Chain Catcher news, according to CoinDesk, Sushi DAO is considering reforming its legal structure to reduce regulatory risks, potentially splitting the DAO into three legal entities located in Panama and the Cayman Islands.According to previous reports, the Commodity Futures Trading Commission has sued Ooki DAO for allegedly using the DAO structure to evade regulation. Over the past six months, more than 1,800 wallet addresses have voted in Sushi DAO, with Sushi DAO's influence concentrated among heavyweight token holders. (CoinDesk)