South Korean regulators are advancing plans to approve cryptocurrency investments by institutional investors, as stated by the Financial Services Commission (FSC). The FSC plans to gradually permit corporate investment in digital assets by allowing the issuance of real-name corporate trading accounts. Although there is no legal prohibition against these accounts, regulators have previously guided banks against issuing them. The FSC will work with the Virtual Asset Committee, which began discussions in November 2024, but a specific timeline for the approval process is not established. This move is controversial, as prior attempts to introduce a roadmap for corporate crypto accounts faced delays. The FSC's Secretary-General Kwon Dae-young emphasized the need to align South Korea's crypto regulations with global standards, highlighting discussions on listing requirements, stablecoins, and exchange conduct. This development occurs amid political instability following the impeachment of President Yoon Suk Yeol, adding complexity to the regulatory landscape.

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