South Korean financial regulators postpone decision on cryptocurrency trading for corporate accounts

ChainCatcher news, South Korean regulators are cautious about allowing corporate accounts to engage in cryptocurrency trading, delaying any decisions for further discussion.

Kim So-young, the Deputy Governor of the Financial Supervisory Service (FSS), stated: "The issue of allowing companies to open accounts, which was previously discussed, has been reviewed through extensive discussions in 12 subcommittees and working groups."

FSC's Kim mentioned that the policy review process for corporate cryptocurrency trading accounts is nearing completion. "We will report the results soon and take prompt follow-up actions."