South Korea FSC expands institutional crypto access, allowing universities and charities to sell donations while enforcing stricter regulations for security and transparency.
South Korea’s Financial Services Commission (FSC) is taking steps to expand institutional participation in the cryptocurrency market. Under this new policy, institutions will receive the authority to sell crypto donations along with enhanced services from banks for crypto-related businesses. Virtual asset transactions will benefit from the new policy structure, which promotes regulatory measures.
According to the press release, South Korean universities, together with charities, will receive authorization to sell crypto donations from the second half of 2025. The FSC, together with other financial organizations, created a gradual plan to integrate corporate participation in crypto markets which incorporates safety procedures for users and market stability elements. Real-name accounts targeting the selling function will become available throughout the first semester of this year.
The National Tax Service along with Korea Customs Service currently possesses new accounts to properly manage confiscated digital assets. The second year 2025 marks the scheduled time for non-profit institutions to obtain corporate real-name accounts to manage crypto donations. Fundraising transparency along with asset utilization becomes possible after completing this procedure.
South Korea Prepares for Institutional Crypto Adoption with Stricter Rules
Operational expenses like salaries and taxes can be funded through virtual asset exchanges converting their received crypto fee income into cash. The FSC plans to establish guidelines that will prevent market instability during large-scale exchange asset sales before complete implementation takes place. In the second half of the year selected institutional investors including 3,500 listed companies can participate in crypto trading through a new program.
The verification process of bank transactions will strengthen while banks actively promote third-party crypto storage services to prevent money laundering risks. In addition, the authorities will strengthen the mandatory disclosure requirements that investors need to fulfill. The financial sector can only access blockchain-related investments while cryptocurrency trading remains out of bounds.
The government of South Korea conducts evaluations of token security regulatory methods. The proposed modification of the Electronic Securities Act introduces institutional standards for token securities to enhance digital security market accessibility. The FSC remains committed to developing policies that balance innovation with financial security, ensuring a stable crypto market for the future.
Source: https://www.livebitcoinnews.com/south-korea-moves-to-boost-institutional-crypto-transactions/