South Korea Accelerates Crypto Market Evolution with New Institutional Guidelines
by aria-crypto.com
March 12, 2025 at 22:39
South Korea Accelerates Crypto Market Evolution with New Institutional Guidelines
The Financial Services Commission (FSC) of South Korea has resolved to issue comprehensive guidelines by the third quarter of 2025 to govern institutional investments in the cryptocurrency market. This strategic measure aims to align the nation's policies with global financial standards and foster market stability. In a significant meeting with industry experts, the FSC confirmed its intention to methodically introduce regulations starting with non-profits and exchanges in April before extending to public companies and professional investors. Vice Chairman Kim So-young emphasized that the move is about transforming practices to uphold market integrity and enhance anti-money laundering frameworks. Additionally, he noted that the new guidelines would incorporate stringent cybersecurity measures, reflecting South Korea's proactive stance in nurturing a conducive environment for digital assets. The phased approach detailed by the FSC is expected to facilitate a structured market entry, potentially reducing the volatility historically associated with the crypto market while promoting robust risk management practices. With roughly 30% of the population engaged in crypto trading, these regulatory efforts may significantly influence both domestic and global investment landscapes, heralding a new era of financial innovation and stability.
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