Deep Tide TechFlow News, December 24, according to Cryptonews citing Hankyung, the Financial Services Commission (FSC) of South Korea denied reports that it would allow companies to purchase cryptocurrencies using their balance sheets.

An official from the Financial Services Commission stated, "Allowing corporate entities to have real-name accounts for cryptocurrencies is still under discussion, and the report is not true." The official did not know who the senior official from the financial supervisory authority mentioned in the report was, but the virtual asset department of the Financial Services Commission has never confirmed this matter.