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South Korea Allows Institutional Investors to Trade Cryptocurrencies: Report

South Korea is considering easing restrictions on corporate cryptocurrency trading, with plans to gradually issue real-name accounts to institutional investors.

South Korea It is set to allow companies to invest in cryptocurrencies such as Financial Services Commission It is considering a gradual approach to lifting restrictions, Yonhap News Agency reported ReportsQuoted from the organizer. Under the plan, companies will be able to open real-name accounts on cryptocurrency exchanges, starting with non-profit organizations.

As of press time, South Korea’s cryptocurrency laws only allow retail investors with real, verified accounts to trade. While there is no official ban on Institutional investorsThe report indicates that banks have been advised not to issue accounts in the real name of companies. The FSC aims to change this, with plans to discuss the issue through the Digital Assets Commission.

The financial regulator also plans to introduce measures that will allow fintech companies to grow. The goal is to improve cooperation between financial groups and fintech companies. There will also be improvements in how cryptocurrency exchanges are regulated, especially with regard to listing tokens and handling stablecoins.

Earlier in January, South Korea Stock Exchange Chairman Jeong Eun-bo said, He said The trading platform wants to “explore” cryptocurrency ETF approval in 2025, with reports suggesting that the FSC also wants to allow companies to launch security token offerings.

In his speech at the 2025 Stock and Derivatives Market Opening Ceremony, Jeong said the exchange “will measure the outliers of new companies such as cryptocurrency ETFs and explore new areas in the capital market.”

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2025-01-08 14:01:00

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