South Korea not ready to allow firms to hold digital assets

Quick Summary:

South Korea’s FSC was to allow corporates to invest in digital assets, but it now says it needs more time; meanwhile, Thailand is trialing digital currencies in a popular tourist spot.

The post South Korea not ready to allow firms to hold digital assets appeared first on CoinGeek.

The Virtual Asset Committee of the FSC met this week to discuss the priorities for the year, and according to The Korea Times, allowing corporate accounts was not on the agenda.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaCambodiaHong KongSouth KoreaSingaporeThailandTurkeyUkraine

Topics: BSV Blockchain Kim So-young Phuket Bitcoin SV Regulation Pichai Chunhavajira Financial Service Commission Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 14:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 937 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 25287165

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