• 34ºc, Sunny

South Korean FSC official denies reports that companies will be allowed to issue virtual asset real-name accounts next year

On December 24th, South Korea's Financial Services Commission (FSC) denied reports that "companies will be allowed to issue virtual asset (cryptocurrency) real-name accounts from next year," saying that it is still under discussion. In addition, there are media reports that the launch of virtual asset ETFs has been delayed after the revision of the virtual asset law, but FSC officials responded that this is not true.