Brett (brett) 
South Korea to Gradually Ease Corporate Crypto Trading Restrictions
South Korea is planning to lift restrictions on corporate cryptocurrency trading, allowing companies to invest in digital assets. According to the Financial Services Commission, the regulator is considering a gradual approach to issuing real-name accounts to institutional investors.
Currently, South Korea’s crypto laws only permit retail investors with verified real-name accounts to trade. While there is no official ban on institutional investors, banks have been advised not to issue real-name accounts to corporations. The Financial Services Commission aims to change this, with plans to discuss the issue through the Digital Asset Committee.
Gradual Issuance of Real-Name Accounts
The plan involves gradually issuing real-name accounts to institutional investors, starting with non-profit organizations. This move is expected to pave the way for corporations to invest in cryptocurrencies.
Improving Regulation and Collaboration
In addition to easing corporate crypto trading restrictions, the Financial Services Commission plans to introduce measures to promote collaboration between financial groups and fintech firms. The regulator also aims to improve the regulation of crypto exchanges, particularly in regards to token listing and stablecoin handling.
Future Developments in South Korea’s Crypto Market
Earlier in January, the Chairman of the South Korea Exchange, Jeong Eun-bo, expressed interest in exploring crypto spot ETF approval in 2025. The Financial Services Commission is also considering allowing companies to launch security token offerings.
“Benchmark overseas cases for new businesses such as cryptocurrency ETFs and explore new areas in the capital market.”
Jeong’s statement highlights the potential for growth and development in South Korea’s crypto market. With the gradual easing of corporate crypto trading restrictions, the country is poised to become a more attractive destination for institutional investors.
Tips for Investors
- Stay informed about changes in South Korea’s crypto regulations to capitalize on new opportunities.
- Consider the potential benefits of investing in cryptocurrencies, such as diversification and growth.
- Keep an eye on developments in the South Korea Exchange and the Financial Services Commission’s plans for crypto spot ETF approval.
For more news and updates on the cryptocurrency market, visit Global Crypto News. Stay ahead of the curve and stay informed about the latest developments in the world of crypto.
