South Korea will lift its institutional crypto investment ban starting in June, allowing nonprofit organizations and crypto exchanges to sell digital assets under new rules.
To prevent money laundering, the Financial Services Commission has mandated stricter KYC measures for institutions, requiring detailed checks on transaction purposes and fund sources.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
1
Repost
Share
Comment
0/400
TrumpsBTC
· 2025-05-21 12:25
South Korea will lift its institutional crypto investment ban starting in June, allowing nonprofit organizations and crypto exchanges to sell digital assets under new rules.
To prevent money laundering, the Financial Services Commission has mandated stricter KYC measures for institutions, requiring detailed checks on transaction purposes and fund sources.
💰💰💸🔖
South Korea will lift its institutional crypto investment ban starting in June, allowing nonprofit organizations and crypto exchanges to sell digital assets under new rules.
To prevent money laundering, the Financial Services Commission has mandated stricter KYC measures for institutions, requiring detailed checks on transaction purposes and fund sources.
📢📢 #BTC Breaks Above $107,000 #BTC Futures Open Interest Hits Record High #SEC Delays SOL ETF Decision
#PI #BTC