South Korea’s Financial Services Commission (FSC) has stepped in to deny reports circulating about the implementation of a mandatory 3% rule for the disclosure of capital in corporate investments in digital assets. According to information from NS3.AI, the South Korean regulatory authority clarified in a statement that no concrete decisions have yet been made regarding maximum investment thresholds or transparency requirements that the sector might apply.
FSC’s Position on the Speculations
The claims circulating in the market suggested that the regulatory body was considering establishing a 3% rule as a limit for corporations to publicly disclose their holdings in crypto assets. However, the FSC clarified that any such measure is still in the preliminary evaluation stages. This clarification is relevant in the context of South Korea’s financial regulation, which has sought to balance innovation in virtual assets with market protection.
Collaborative Work for the Sector’s Future
Currently, constructive negotiations are underway within a working group composed of public and private institutions. This dialogue space aims to explore how professional investment firms can participate more orderly in the virtual assets market, considering both commercial interests and the transparency standards demanded by the regulator. The FSC made its position clear: any regulation on capital disclosure or the 3% rule will result from these coordinated consultations and not unilateral decisions.
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South Korea's FSC rejects the 3% rule for digital asset investment disclosures
South Korea’s Financial Services Commission (FSC) has stepped in to deny reports circulating about the implementation of a mandatory 3% rule for the disclosure of capital in corporate investments in digital assets. According to information from NS3.AI, the South Korean regulatory authority clarified in a statement that no concrete decisions have yet been made regarding maximum investment thresholds or transparency requirements that the sector might apply.
FSC’s Position on the Speculations
The claims circulating in the market suggested that the regulatory body was considering establishing a 3% rule as a limit for corporations to publicly disclose their holdings in crypto assets. However, the FSC clarified that any such measure is still in the preliminary evaluation stages. This clarification is relevant in the context of South Korea’s financial regulation, which has sought to balance innovation in virtual assets with market protection.
Collaborative Work for the Sector’s Future
Currently, constructive negotiations are underway within a working group composed of public and private institutions. This dialogue space aims to explore how professional investment firms can participate more orderly in the virtual assets market, considering both commercial interests and the transparency standards demanded by the regulator. The FSC made its position clear: any regulation on capital disclosure or the 3% rule will result from these coordinated consultations and not unilateral decisions.