• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Will Trump Pardon Sam Bankman-Fried? Polymarket Odds Surge as Traders React to CZ’s Release
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Will Trump Pardon Sam Bankman-Fried? Polymarket Odds Surge as Traders React to CZ’s Release
Crypto

South Korea To Ease Institutional Crypto Investment Restrictions This Year

Rubmar Garcia
by Rubmar Garcia
9 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Recent reports revealed that South Korea is set to ease its restrictions on institutional crypto investment. Secretary-General of South Korea’s Financial Services Commission (FSC) announced the watchdog’s plan to review its restrictions amid the ongoing changes in South Korea’s regulatory approach.

Related Reading: UK Authorities To Seize $4.3 Million In Bitcoin From Fugitive Crime Boss

FSC Planning To Ease Restrictions

On Wednesday, Yonhap News Agency reported that FSC’s Secretary-General Kwon Dae-young announced legal entities will be allowed to invest in cryptocurrencies starting this year. Kwon stated that the regulatory agency plans to relax its restrictions on institutional crypto trading and investment to “strengthen collaboration between financial institutions and fintechs.”

According to the report, the FSC is set to consider a proposal to allow the issuance of real-name accounts to corporations, which is currently restricted. Real-name accounts are required for virtual asset investments, as only the accounts that have completed this verification under the Specified Financial Transaction Information Act are allowed to invest in digital assets.

Nonetheless, financial authorities have limited institutional crypto trading by guiding banks not to issue these accounts to corporations, despite the absence of any legal barrier or official ban.

In the “Major Work Plan for 2025,” the FSC revealed this change would be gradually implemented, with the financial regulator working on a “detailed plan” to allow non-profit corporations first through its Virtual Asset Committee, and slowly expand.

Moreover, the South Korean watchdog plans to promote the second phase of the Virtual Asset User Protection Act, which includes regulations on the distribution of digital assets.

The FSC’s Secretary-General explained that the regulator needs “to discuss how to create listing standards, how to deal with stablecoins, and how to create rules for the behavior of virtual asset exchanges,” adding that the government will align with global crypto regulations.

Additionally, the report notes that the FSC plans to introduce a “screening system for the eligibility of major shareholders of virtual asset operators through amendments to the Special Financial Transactions Act.”

The regulator will also work on improving self-regulation by implementing criteria for reviewing memecoins and other cryptocurrencies to protect investors, and it will introduce forensic equipment to investigate unlawful trading behavior.

South Korea’s Changing Crypto Landscape

Over the last few years, South Korea has attempted to shift to a more regulated and stable environment for investors. Kora Exchange’s Chairman, Jeong Eun-bo, has called for a change in lawmakers’ and financial institutions’ view of crypto assets.

Jeong suggested that the country’s regulator consider incorporating virtual assets into institutional finance to revitalize the market, “create added value,” and compete with other countries.

It is worth noting that the FSC’s stance on virtual assets has been criticized for seemingly challenging the market’s development and international competitiveness.

Nonetheless, the ongoing shift has seen the creation of the Virtual Asset Committee to advise and discuss industry-related policies. Moreover, the FSC announced that this group would soon review the long-standing ban on crypto-based investment products.

As reported by Bitcoinist, Jeong announced the Korea Exchange’s plan to explore crypto exchange-traded funds (ETFs) in 2025 after the country’s capital markets faced substantial challenges in 2024.

Additionally, the country has postponed the crypto taxation policy by two years. The policy, previously set to be introduced in January 2025, will collect 20% capital gains tax from investors trading digital assets. Following the delay, the tax policy is expected to be implemented in 2027.

Related Reading: Bitcoin ETFs Dominate 2024: Crypto Fund Flows Hit Record $44.2 Billion Inflows – Report

crypto

Total crypto market capitalization is at $3.27 trillion in the one-week chart. Source: TOTAL on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Rubmar Garcia

Rubmar Garcia

Follow

Rubmar is a crypto enthusiast who likes learning and improving constantly. She enjoys reporting on the latest news and developments in the crypto industry. Rubmar also enjoys scrapbooking, crafting, simulation games, and watching football.

Full Profile

Related Posts

Trump

Trump Media And Crypto.Com Unveil Predictions Market Partnership

2 minutes ago
pepe-price-reversal-analysis-new-pepe-beta-token-100x-potential-tw

Pepe價格預測分析師指出逆轉即將到來 新PEPE Beta幣有100倍幣潛力展望

3 hours ago
Zcash news

Polygon CTO Vs. Zcash: Clash Erupts Over 21 Million Coin Integrity

4 hours ago
live-news-ethzilla-token-sale-support-october-29-2025-tw

以太幣(ETH)即時新聞:ETHZilla賣幣護盤動態更新(10月29日)

4 hours ago
Bitcoin

Here’s What Happens To The Bitcoin, Ethereum, And Dogecoin Prices If The Fed Cuts Rates Again

13 hours ago
ETFs altcoins wall street

4 μεγάλα ETFs ξεκινούν συναλλαγές αυτή την εβδομάδα – Πώς αυτό μπορεί να ανεβάσει την αγορά και το Best Wallet Token

15 hours ago

Premium Sponsors

Press Releases

  • Белият дом туит

    Туитът за Белия дом на GameStop...

    18 hours ago
  • ...

    19 hours ago
  • Snorter Bot...

    5 days ago
  • ORIGIN Protocol's LGNS Achieves Historic Milestone: Liquidity Tops $194 Million, Reclaiming Title as Global Leader in DeFi

    ORIGIN Protocol’s LGNS Achieves Major Milestone...

    7 days ago
  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    7 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.