Starting this year, virtual asset investment by corporations will be allowed. Financial authorities announced a plan to review the issuance of real-name accounts for corporations based on the discussions held so far.
The Financial Services Commission noted in its '2025 Major Business Promotion Plan' announced on the 8th that it will review a plan to gradually allow the issuance of real-name accounts for corporations through discussions at the Virtual Asset Committee. Currently, only accounts that have completed real-name certification under the Specific Financial Information Act are permitted to invest in virtual assets. Although there is no provision in the law restricting the issuance of real-name accounts for corporations, financial authorities have guided banks not to issue real-name accounts for corporations.
The Financial Services Commission plans to establish detailed measures for phased permitting starting with non-profit organizations through the Virtual Asset Committee soon. Following the 'Virtual Asset User Protection Act' enacted last year, the second phase of legislation regarding the issuance and distribution of virtual assets will also be pursued.
The Financial Services Commission will introduce a qualification review system for major shareholders of virtual asset operators through revisions to the Specific Financial Information Act, adding social credit requirements to the review criteria. Additionally, to protect virtual asset users, regulations regarding meme coins will be enhanced, and measures will be taken to improve self-regulation and upgrade the investigation of unfair practices through the introduction of advanced forensic equipment.
Kwon Dae-young, Secretary-General of the Financial Services Commission, explained, "Discussions are needed on how to set listing standards, how to handle stablecoins, and how to create rules of conduct for virtual asset exchanges," adding, "We will align with the global regulations on the virtual asset market."