PANews reported on December 5 that according to the Korea Economy, the Financial Services Commission (FSC) of South Korea plans to allow public institutions such as universities to trade cryptocurrencies in 2025, and gradually extend it to enterprises. Universities such as Seoul National University will be able to sell long-held donation tokens such as WEMIX. In the subsequent stage, enterprises and banks may be allowed to participate in crypto transactions, but listed companies may be restricted and can only hold crypto assets with a small amount of capital. Currently, the tax bureau and the procuratorate are the only public institutions that can legally trade cryptocurrencies.
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