South Korea plans to allow non-financial institutions to open cryptocurrency accounts starting from the second quarter

--

The Financial Services Commission (FSC) of South Korea announced on Thursday that it will allow businesses to open bank accounts for cryptocurrency trading starting from the second quarter of this year. But the institution stated that it will still prohibit financial companies from participating in the virtual asset market, which means that the listing of their virtual asset exchange traded funds (ETFs) will also be temporarily banned. Starting from the second quarter, non-profit organizations such as universities and cryptocurrency exchanges will be allowed to open bank accounts to sell such assets. Starting from the second half of this year, approximately 3500 listed companies and licensed investors will be allowed to trade cryptocurrency assets. Financial companies such as banks and brokerage firms will be prohibited from selling or purchasing cryptocurrency assets as the Financial Services Commission needs to further assess the potential risks associated with their participation in the market. (Golden Ten)

24/7 Flashes

More >
Today 2025-12-31
02:17

三位巨鲸向Lighter存入998万美元USDC买入344万枚LIT

02:01

巨鲸向 Lighter 存入403万枚 USDC并购入163万枚 LIT

01:52

TRUMP部署地址3周内向Coinbase转入9400万USDC

01:49

巨鲸减仓3000枚ETH,或亏损4.3万美元

01:47

美联储2026年利率路径分歧加剧,或影响加密市场表现