The South Korean Financial Commission plans to gradually allow corporate investment in virtual assets
The South Korean Financial Services Commission announced its main work plan for 2025 on January 8, stating that it will gradually allow legal entities to open real-name accounts for virtual asset trading through discussions with the Virtual Asset Committee. Although the law does not explicitly prohibit the issuance of real-name accounts to legal entities, financial regulatory authorities have previously guided banks to avoid issuing such accounts. The Financial Commission plans to start with non-profit legal entities and gradually develop specific implementation plans.
In addition, the Financial Commission will also promote the "Second Phase Act on Virtual Assets", covering regulation of issuance and circulation of virtual assets. In future discussions, focus will be placed on coin listing standards, stablecoin management as well as rules governing behavior in virtual asset exchanges, aligning these with global regulatory frameworks.
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