South Korea's FSS Unveils 2025 Plan for Crypto Asset Regulation

According to BlockBeats, the South Korean Financial Supervisory Service (FSS) has announced its 2025 work plan, which includes the introduction of self-regulatory standards for crypto asset information disclosure. This initiative aims to minimize regulatory gaps amid the ongoing development of the second phase of legislation. The FSS stated that, in addition to establishing self-regulatory disclosure standards, it will also implement guidelines for business practices such as advertising and marketing. The agency is committed to supporting the legislative efforts of the National Assembly and the government in advancing the second phase of legislation. Furthermore, the FSS plans to study international regulatory frameworks for crypto asset innovation to provide legislative references. FSS Governor Lee Bok-hyun emphasized the importance of supporting the establishment of corporate real-name accounts and enhancing the second phase of legislation to align with international standards. Additionally, the FSS will develop the second phase of its "Crypto Asset Investigation System" to strengthen monitoring of crypto asset prices and trading volumes.