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December 5, 2024 11:32 AM
The Korea Economy reported that South Korea's FSC intends to enable universities and other public institutions to trade cryptocurrencies starting in 2025. This marks a significant policy shift, allowing educational entities like Seoul National University to engage in crypto transactions, including the sale of donation tokens such as WEMIX.
In the next phase, the plan could extend to enterprises and banks, although listed companies might only hold limited crypto assets to mitigate risks. Currently, only the tax bureau and the prosecution are authorized to trade cryptocurrencies in South Korea.
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