The Financial Services Commission of South Korea plans to release a roadmap for the opening of corporate cryptocurrency trading accounts at the end of December, bringing new changes to the blockchain industry. 🎉

In the first phase, non-profit legal entities such as central government departments, local governments, public institutions and universities will be able to open real-name accounts. This means that institutions like Seoul National University can finally exchange their cryptocurrencies, such as WEMIX tokens worth about 1 billion won, for cash for school finances. 💰

In the second phase, companies such as cryptocurrency exchanges will be able to open won accounts, while the opening of accounts for general companies and financial institutions will be included in the medium- and long-term plans. This move not only solves the problem of holding cryptocurrencies due to donations or confiscations, but also promotes the upgrading of related industries. 📈