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South Korea's FSC Signals Positive Outlook on Corporate Digital Asset Market by Year-End

Regulation & Policy

2026-07-23 03:32:06

According to Kim Sung-jin, director of the Financial Services Commission, on July 23, South Korea's government is positively evaluating the possibility of opening its digital asset market to institutional investors by year-end. At a conference on institutional investment in Seoul, Kim stated that detailed guidelines for corporate participation would be discussed with relevant agencies in coordination with the second phase of digital asset legislation. He emphasized that corporate trading may differ from retail participation, with institutional investors potentially using third-party intermediaries rather than trading directly on exchanges, similar to equity market practices. The FSC is also prioritizing the establishment of internal compliance standards for institutional digital asset traders.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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