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.

ChainCatcher news, according to Hanguk, the Financial Services Commission (FSC) of South Korea has denied reports about "allowing companies to issue real-name accounts for virtual assets (cryptocurrencies) starting next year," stating that discussions are still ongoing. In addition, some media reported that the launch of virtual asset ETFs has been postponed after the revision of the virtual asset law, but officials from the Financial Services Commission responded that this is also not true.

According to ChainCatcher news, as reported by News1, the Korea Banking Association is negotiating with Korean financial authorities and virtual asset exchanges to establish the "Guidelines for the Operation of Real-Name Accounts for Virtual Assets," aimed at enhancing the protection of virtual asset users and preventing activities such as money laundering. Among them, banks require virtual asset exchanges to fulfill their liability for user damages (issues such as hacking, computer failures, etc.) and to maintain a reserve of no less than 3 billion won; additionally, banks plan to implement enhanced customer verification procedures for real-name account users annually, including requiring additional authentication for reclaiming transfers and restricting reclaiming transfers for accounts that have not been used for a long time. Banks plan to categorize user accounts into limited accounts and normal accounts, restricting their deposit and withdrawal limits; they have also established anti-money laundering standards and procedures related to real-name authentication.