South Korea announces significant policy shifts allowing institutional sales of digital assets.
Policy Changes for Charitable Organizations
Under the new regulations, charities and universities will be permitted to sell their crypto donations starting in the second half of 2025. This marks a departure from previous restrictions that prevented institutions from opening accounts on cryptocurrency exchanges.
Pilot Program for Corporate Investors
The FSC will initiate a pilot program in the first half of 2025, granting 3,500 corporations and professional investors the ability to open “real-name” accounts. These investors will later be allowed to sell their digital assets. The FSC stated in its February 13 announcement: “In the second half of the year, a pilot test will be conducted for accounts for investment and financial purposes for some institutional investors with risk-taking capabilities.”
Proposal for Cryptocurrency ETFs
Jung Eun-bo, chairman of the Korea Exchange, emphasized the need for South Korea to introduce cryptocurrency ETFs to stay competitive in global finance. He pointed out that South Korea is the third-largest cryptocurrency trading market but risks falling behind if ETF approvals are delayed.
These measures signal a more open approach to digital assets, including institutional participation in the crypto market.
