South Korea to Revitalise Crypto Economy by Lifting Institutional Trading Ban
- South Korea banned corporate crypto trading in 2017 due to money laundering concerns, but is now introducing regulated institutional access.
- The Financial Services Commission will allow 3,500 qualified professional investors to open real-name accounts for blockchain investments in late 2025, starting with a pilot program.
- The new framework prioritises consumer protection through enhanced safeguards, including transaction guidelines, third-party custody requirements, and increased disclosure obligations for investors.
Crypto is a popular asset class among traders and investors in South Korea. In a country plagued by a high cost of living and wages not keeping pace – the capital Seoul has become one of the…
