South Korea’s Financial Services Commission (FSC) is moving forward with a structured approach to corporate virtual asset transactions.
According to an official report, Vice Chairman of the regulatory agency, Kim Soyoung, held discussions with industry experts on March 12, focusing on phased guidelines that align with global regulatory standards.
Notably, the FSC aims to introduce a regulatory framework that ensures compliance with anti-money laundering (AML) measures and internal controls. Vice Chairman Kim emphasized that South Korea’s approach is designed to balance innovation with financial security.
“The roadmap introduced last month to allow corporate participation in the virtual asset market is part of this effort,” he said.
Phased Implementation Timeline
Per the report, the regulatory rollout will take place in stages:
- April 2025: Guidelines will be introduced for non-profit corporations and virtual asset exchange service providers.
- Q3 2025: Regulations will expand to cover listed companies and qualified professional investors.
The initiative follows South Korea’s broader efforts to integrate digital assets into its financial system while maintaining oversight.
Ensuring consistency with global standards is a key priority, as regulators worldwide establish clearer policies for corporate engagement with cryptocurrencies.
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Industry and Regulatory Implications
The FSC’s approach reflects an increasing institutional interest in virtual assets, mirroring trends in other major financial markets. The phased implementation allows companies to adapt to compliance requirements gradually.
Industry participants expect clearer guidelines to facilitate broader adoption while reducing regulatory uncertainty.
South Korea has been actively working to establish a transparent virtual asset framework, with ongoing engagement between regulators and industry stakeholders.
For context, the FSC’s roadmap is expected to provide a structured pathway for corporate investment in digital assets, setting a precedent for responsible market participation.
Read Also: South Korea to Allow Institutional Crypto Trading in H2 2025, Expanding Market Access
