South Korea’s Financial Services Commission plans to gradually open the crypto market to corporations, moving away from a ban on institutional trading. The phased approach will first allow government agencies, non-profit organizations, and exchanges to trade digital assets, with professional firms and publicly traded companies joining later. Tighter oversight and anti-money laundering measures will be implemented to mitigate risks. The FSC is also considering amendments to regulate tokenized securities under the Capital Markets Act, integrating blockchain technology into the financial system. Further regulatory evaluations and market conditions will determine broader corporate participation in the crypto market.
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