
Bitcoin.com News|Mar 13, 2025 04:22
๐ฐ๐ท South Korea is shifting its stance on crypto, lifting its ban on institutional crypto trading! The Financial Services Commission (FSC) will release guidelines with staggered timelines for different participants, aiming to develop the crypto market while ensuring user protection. ๐๐ผ
The guidelines will include best practices for crypto investments, focusing on anti-money laundering and system security. South Korea is also working on further regulations and plans to allow charities and colleges to sell crypto holdings.
With a large crypto user base, the country is exploring the possibility of crypto spot ETFs.
What are your thoughts on South Korea's new approach to crypto regulation and its impact on the market?