South Korea Financial Services Committee (FSC) Declare Plans to issue comprehensive guidelines to invest in institutional coded currency by the third quarter of 2025.
FSC revealed a road map during a meeting with local encryption experts on Wednesday, March 12, 2025.
South Korea to issue institutions #Crypto Investment instructions by Q3
The Financial Services Committee (FSC) confirmed plans to issue investment guidelines for public companies and professional investors by Q3, with other non -profit organizations and the exchange of guidance early … pic.twitter.com/cng7iyimpb
Satoshi_talks conversations March 12, 2025
To support the encryption market, South Korea is speeding up the organizational efforts, and the Chairman of the Board of Directors of the FSC Kim Soo Young.
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The South Korean organizer said that the United States has prompted an increase in global encryption discussions
South Korea opens the door to adopt institutional encryption.
The new regulations will allow the main funds to invest legally in digital assets.
The race is running – you don’t want to leave it. pic.twitter.com/cgsk82per8
(Monitor_Fi) screen March 12, 2025
Moreover, FSC Vice Chairman insisted that the United States has prompted increased global encryption discussions. He also revealed that the upcoming guidelines will determine “best practices” for institutional encryption investments, specifically addressing trading, disclosure and reports requirements.
The upcoming guidelines will determine “best practices” to invest in institutional encryption, including currency trading standards, disclosure requirements, reporting obligations, and anti -money laundering protocols.
Kim also talked about the importance of anti -money laundering and cybersecurity measures, urging local banks and exchanging encryption to enhance their capabilities in these areas.
Under the current regulations, encryption users must check their accounts through real name bank accounts, while maintaining the level of transparency in the market.
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Will South Korea create bitcoin reserves?
Bitcoin reserves are actively discussed in the country.
“If the United States moves towards Bitcoin as part of its reserves, South Korea will need to respond with a clear policy,” Blockchain Xcrypton CEO, Kim Jong-Seung, said in a recent symposium.
On March 6, 2025, Korea Herald reported that actor Kim Min Siuk, who leads the Democratic Party Preparation Committee for possible presidential elections, said that his party would reshape the country’s emerging encryption policy if it reaches power.
Stressing that the Blockchain financing and virtual assets will play an increasingly important role in the economic strategy, MP Kim said: “It is necessary to discuss virtual assets and Blockchain’s financing.”
Main meals
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Institutional investment guidelines are part of a larger regulatory framework that is developed in South Korea.
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This announcement depends on the previous statement of the organizer in South Korea that it will gradually work on the actual ban to prevent institutional investors from participating in the encrypted currency market.
Post -South Korea confirms a new list of institutional encryption investments by the third quarter that first appeared on 99bitcoins.