1. Home
  2. Bitcoin
  3. Corporate crypto investments in South Korea inch closer to approval
Corporate crypto investments in South Korea inch closer to approval

Corporate crypto investments in South Korea inch closer to approval

0

Source: Coin Telegraph

South Korean regulators reportedly continue to discuss the approval of corporate crypto trading amid the country’s ongoing leadership crisis.

South Korean regulators are moving forward with plans to approve cryptocurrency investment by institutional investors, according to local media reports.

The South Korean Financial Services Commission (FSC) has announced plans to gradually roll out corporate investment in digital assets by allowing the issuance of real-name corporate trading accounts, the local news agency Yonhap reported on Jan. 8.

The regulator reportedly announced the initiative in conjunction with the FSC’s 2025 work plan to focus on financial stability and accelerate innovation.

Read more

Go to Source
Author: Helen Partz