#South Korea allows corporations to invest in virtual assets.#
Hot Topic Overview
Overview
The Financial Services Commission (FSC) of Korea plans to gradually allow legal entities to invest in virtual assets, and has included this in its key work plan for 2025. Currently, while the law does not prohibit legal entities from opening real-name accounts for virtual asset trading, financial regulators have previously instructed banks to avoid issuing such accounts to legal entities. The FSC plans to start with non-profit legal entities and gradually develop specific implementation plans. In addition, the FSC will also promote the "Virtual Asset Phase 2 Act," which will cover the regulation of virtual asset issuance and circulation, and align with global regulatory frameworks.
Ace Hot Topic Analysis
Analysis
The Financial Services Commission of Korea announced that it will gradually allow legal entities to participate in virtual asset trading and plans to open real-name verification for corporate accounts in stages. This move marks a significant step in Korea's virtual asset regulation. The FSC plans to start with non-profit legal entities and gradually develop specific implementation plans. In addition, the FSC will also promote the "Virtual Asset Phase 2 Act," which covers the regulation of virtual asset issuance and circulation, including listing standards, stablecoin management, and virtual asset exchange behavior rules, and will align with global regulatory frameworks. This series of measures indicates that the Korean government is actively promoting the healthy development of the virtual asset industry and hopes to attract more institutional investors by improving the regulatory framework and promote the development of the virtual asset market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Financial Services Commission (FSC) of South Korea plans to gradually allow legal entities to invest in virtual assets and plans to open real-name verification for corporate accounts in stages.
The FSC will gradually allow legal entities to open real-name accounts for virtual asset trading through discussions with the Virtual Asset Committee, starting with non-profit legal entities.
The FSC will promote the "Virtual Asset Phase 2 Act", which covers the regulation of the issuance and circulation of virtual assets, including listing standards, stablecoin management, and virtual asset exchange behavior rules.
The FSC will align with global regulatory frameworks to ensure the safety and compliance of virtual asset trading.