Speculation about new investment standards in digital assets has surrounded the Korean market in recent times. However, the Financial Services Commission of South Korea (FSC) has made it clear that some circulating interpretations do not reflect the reality of their regulatory considerations. This clarification is crucial to understanding the true scope of the rule of three that many analysts associated with a specific proposal on capital disclosure.
FSC Denies Speculations About Mandatory 3% Disclosure
The FSC has directly refuted claims suggesting a 3% capital disclosure rule for corporate investments in virtual assets. According to information from NS3.AI, the commission emphasized that no final decisions have been made regarding specific investment limits or disclosure standards to be implemented. This denial aims to temper the expectations that had been generated around a more stringent and predefined regulation. The FSC’s position reflects its regulatory prudence on such a sensitive issue.
The debate continues in public-private dialogue spaces
Currently, discussions are underway in a working group composed of public and private representatives. This advisory group is specifically addressing how professional investment firms should participate in the virtual assets market. The collaborative approach suggests that the FSC aims to build a regulatory framework based on consensus, beyond unilateral impositions. This consultation process indicates that the rule of three — interpreted by some as a rigid metric — is being discussed in a more flexible and contextualized manner.
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The rule of three and doubts about digital asset regulation in Korea
Speculation about new investment standards in digital assets has surrounded the Korean market in recent times. However, the Financial Services Commission of South Korea (FSC) has made it clear that some circulating interpretations do not reflect the reality of their regulatory considerations. This clarification is crucial to understanding the true scope of the rule of three that many analysts associated with a specific proposal on capital disclosure.
FSC Denies Speculations About Mandatory 3% Disclosure
The FSC has directly refuted claims suggesting a 3% capital disclosure rule for corporate investments in virtual assets. According to information from NS3.AI, the commission emphasized that no final decisions have been made regarding specific investment limits or disclosure standards to be implemented. This denial aims to temper the expectations that had been generated around a more stringent and predefined regulation. The FSC’s position reflects its regulatory prudence on such a sensitive issue.
The debate continues in public-private dialogue spaces
Currently, discussions are underway in a working group composed of public and private representatives. This advisory group is specifically addressing how professional investment firms should participate in the virtual assets market. The collaborative approach suggests that the FSC aims to build a regulatory framework based on consensus, beyond unilateral impositions. This consultation process indicates that the rule of three — interpreted by some as a rigid metric — is being discussed in a more flexible and contextualized manner.