What It Means for Institutional Investors
South Korea’s regulatory industry for cryptocurrency continues to evolve, with authorities adopting a cautious approach to corporate investments in digital assets.
On Wednesday January 15, the Financial Services Commission (FSC) hosted its second Virtual Asset Committee meeting, where it discussed the progress of new crypto investor protection laws.
While the agenda touched on various regulatory topics, the much-anticipated decision on allowing corporate accounts for cryptocurrency trading was deferred for further review.
Decision Delayed on Corporate Crypto Investments
During the meeting, the FSC emphasized its ongoing efforts to refine policies related to corporate crypto trading accounts. Although South Korea has not…
