South Korea's Financial Commission: Decision on whether to allow businesses to open cryptocurrency accounts will be postponed until 2025

The Financial Commission of South Korea announced that a decision on whether to allow companies to open cryptocurrency accounts will be postponed until 2025. After the first virtual asset committee was held, the second meeting in January of the new year is expected to re-discuss whether to allow the opening of virtual asset accounts of Korean won enterprises.
Previously, the Financial Services Commission was considering allowing non-profit enterprises such as central government departments, local governments, public institutions, and universities to issue real-name accounts in the first phase, but the issue has not been finalized. In particular, the recent impeachment situation has made it possible for the government to delay further consideration of the virtual assets committee's discussions.