🇰🇷 South Korea’s financial regulator plans to gradually permit institutional investment in cryptocurrencies, according to local media reports.
Under South Korea’s act on financial information use, only retail traders verified with their government names can trade cryptocurrencies.
While there is no formal ban on institutional investors, Financial Services Commission (FSC) has advised banks to prevent institutions from opening accounts on exchanges, reports The Block.
https://www.theblock.co/post/333554/south-korea-seeks-to-lift-ban-on-institutional-trading-of-cryptocurrencies-report
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2025-01-08 10:15:27
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npub1hxjnw53mhghumt590kgd3fmqme8jzwwflyxesmm50nnapmqdzu7swqagw3Published at
2025-01-08 10:15:27Event JSON
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