EddieJayonCrypto

 13 Feb 25

tl;dr

South Korea's Financial Services Commission (FSC) plans to gradually allow corporate participation in the crypto market, marking a shift from the previous ban on institutional trading. The phased approach will initially permit government agencies, non-profit organizations, and crypto exchanges to co...

South Korea's Financial Services Commission (FSC) is planning to gradually allow corporate participation in the crypto market, moving away from the previous ban on institutional trading. The phased approach will initially permit government agencies, non-profit organizations, and crypto exchanges to conduct crypto sales, with professional investment firms and publicly traded companies joining later. The aim is to introduce stricter anti-money laundering measures and enhance oversight to mitigate risks. Legislative efforts are also underway to regulate tokenized securities under South Korea’s Capital Markets Act, with broader corporate participation depending on further regulatory evaluations and market conditions. This marks a significant shift in policy, reflecting increasing demand from domestic businesses for blockchain-related ventures and aligning with major economies that already allow institutional participation in crypto markets. Additionally, the FSC plans to introduce stronger listing criteria and transparency measures to prevent market manipulation. The committee also reviewed legislative efforts to regulate tokenized securities under South Korea’s Capital Markets Act and plans to work with financial regulators, banking associations, and crypto exchanges to finalize implementation details. While this roadmap signals a major policy shift, broader corporate participation in crypto markets will depend on further regulatory evaluations and market conditions.

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