Recently, there have been rumors that the Financial Supervisory Committee of South Korea (FSC) plans to implement a strict 3% capital disclosure rule for corporate investments in digital assets. However, the official position of FSC has been different — the committee actively denies these claims, stating that there are no final decisions regarding investment restrictions or new disclosure standards.
FSC Denies 3% Rule for Digital Assets
According to information circulated through the NS3.AI platform, FSC officially clarified that no capital disclosure rule has been approved at this stage. The committee emphasizes the importance of accurate information in the context of digital asset policy review. This clarification indicates a cautious stance by the regulator, who is not rushing to implement strict rules without thorough analysis.
Public-Private Working Group Continues Negotiations on Market Development
Currently, discussions about involving professional investment firms in the virtual asset market are ongoing within a public-private working group. This approach allows the regulator and market participants to jointly develop rules that will promote healthy sector growth without excessive restrictions. FSC demonstrates flexibility in its position, preparing a rule that balances investor protection and innovative development.
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The South Korean FSC clarified its stance on disclosure rules for digital assets
Recently, there have been rumors that the Financial Supervisory Committee of South Korea (FSC) plans to implement a strict 3% capital disclosure rule for corporate investments in digital assets. However, the official position of FSC has been different — the committee actively denies these claims, stating that there are no final decisions regarding investment restrictions or new disclosure standards.
FSC Denies 3% Rule for Digital Assets
According to information circulated through the NS3.AI platform, FSC officially clarified that no capital disclosure rule has been approved at this stage. The committee emphasizes the importance of accurate information in the context of digital asset policy review. This clarification indicates a cautious stance by the regulator, who is not rushing to implement strict rules without thorough analysis.
Public-Private Working Group Continues Negotiations on Market Development
Currently, discussions about involving professional investment firms in the virtual asset market are ongoing within a public-private working group. This approach allows the regulator and market participants to jointly develop rules that will promote healthy sector growth without excessive restrictions. FSC demonstrates flexibility in its position, preparing a rule that balances investor protection and innovative development.