roadmap

The Financial Services Commission of South Korea clarifies: The corporate cryptocurrency account issuance plan has not been finalized

ChainCatcher news, the Financial Services Commission of Korea (FSC) issued a statement denying reports about a finalized roadmap for the issuance of real-name cryptocurrency accounts for enterprises.Previously, local media, including the Korea Economic Daily (Hankyung), reported that the FSC plans to release a roadmap by the end of December, proposing a phased approach to issuing cryptocurrency accounts to enterprises (including public institutions and non-profit organizations). These reports mentioned that non-profit organizations (such as universities and local governments) would be prioritized in the first phase to meet liquidity needs rather than for investment purposes.The FSC clarified that no decision has been made regarding the corporate account policy, and relevant discussions are still ongoing within the Virtual Assets Committee. The FSC emphasized that no regulatory measures have been finalized and urged the public to remain cautious about speculative reports.Previous news, according to the Korea Economic Daily, the Financial Services Commission of Korea plans to release a roadmap for the opening of real-name cryptocurrency trading accounts for corporations by the end of December. The first phase will allow non-profit entities such as central government departments, local governments, public institutions, and universities to open real-name accounts.
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