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South Korea's Financial Services Commission: Considering Allowing Banks to Directly Custody Crypto Assets
2025-04-17 00:28

Odaily News The Financial Services Commission (FSC) of South Korea is studying the feasibility of allowing banks to directly provide crypto asset custody services and is currently conducting internal discussions on the relevant system. If approved, this will mark an important step for South Korea in the integration of crypto asset regulation and traditional finance. The policy is believed to help improve the security and compliance of crypto asset custody while opening up new business directions for banks. (조세일보)