According to Foresight News, the Financial Services Commission of South Korea announced its main work plan for 2025, which will be discussed through the Virtual Asset Committee to gradually allow legal persons to open real-name accounts for virtual asset transactions.
Currently, the law does not prohibit legal person real-name accounts, but financial regulators have instructed banks to avoid issuing them. The Financial Committee plans to start with non-profit legal persons and gradually develop an implementation plan.
In addition, the Financial Committee will promote the second phase of the virtual asset bill, covering issuance and circulation supervision, discussing listing standards, stablecoin management and exchange behavioral rules, and aligning with the global regulatory framework.
