South Korea Delays Decision On Corporate Crypto Investments Until 2025

According to Foresight News, Naver reports that the South Korean Financial Services Commission has postponed its decision on whether to allow corporate cryptocurrency investments until 2025. Currently, the commission is considering permitting non-profit entities such as central government departments, local governments, public institutions, and universities to open real-name accounts in the first phase. However, this issue has not been finalized. Previously, in December 2017, South Korea implemented an emergency administrative order to prohibit corporate investments in crypto assets.