Corporate crypto investments in South Korea inch closer to approval
South Korean regulators are advancing plans to permit cryptocurrency investments by institutional investors. The Financial Services Commission (FSC) aims to gradually allow corporate investment in digital assets by issuing real-name corporate trading accounts. This initiative aligns with the FSC’s 2025 work plan focused on financial stability and innovation. Although there are no legal barriers to issuing these accounts, regulators have previously discouraged banks from doing so. The FSC will consult with the Virtual Asset Committee to discuss the implementation, but no specific timeline has been established. The FSC also emphasized the need for South Korea's crypto regulations to align with global standards, addressing issues like listing standards and stablecoins. This development occurs amid a leadership crisis following President Yoon Suk Yeol's controversial martial law declaration.
