韓國關於加密貨幣公司投資的試點計劃是一個強烈的信號

韓國對加密貨幣公司投資的試點計劃是一個強烈的信號，表明數字資產已融入受監管的金融市場

Korea's pilot program on corporate investments in cryptocurrencies is a strong signal that digital assets are becoming integrated into regulated financial markets, according to a U.S.-based crypto expert with a background in certified public accounting and law.

據美國認證公共會計和法律背景背景的美國加密專家稱，韓國對加密貨幣公司投資的試點計劃表明，數字資產已融入受監管的金融市場。

The program, which will see limited use cases open up in April, is part of a broader trend in Korea to regulate the cryptocurrency industry more effectively, with a focus on balancing innovation with investor protection, he noted.

他指出，該計劃將在4月開放有限的用例，是韓國更有效地調節加密貨幣行業的更廣泛趨勢的一部分，重點是平衡創新與投資者保護。

"Allowing institutional crypto trading and recognizing tokenized securities signals that Korea is aligning its regulatory standards with advanced peers and setting the stage for broader adoption," said John Matheson, co-founder and managing director at Asset Token Ventures.

Asset Token Ventures的聯合創始人兼董事總經理John Matheson說：“允許機構加密交易並認識到令牌化證券信號表明韓國正在與高級同行保持一致，並為更廣泛的收養奠定了基礎。”

ATV is a U.S. Virgin Islands-based firm that has introduced various RWA tokens. Its flagship product is the mortgage-backed securities-oriented MBSToken, which provides security, transparency and stability in the cryptocurrency market, he said.

ATV是一家位於美國維爾京群島的公司，已引入各種RWA代幣。他說，它的旗艦產品是以抵押支持證券為導向的MBStoken，它在加密貨幣市場中提供了安全性，透明度和穩定性。

"This approach demonstrates that digital assets can coexist with traditional finance in a clearly defined manner, providing a blueprint for other nations," Matheson said. "It also suggests that crypto trading will become more mainstream, increasing institutional participation and investor confidence."

Matheson說：“這種方法表明，數字資產可以以明確定義的方式與傳統財務共存，為其他國家提供藍圖。” “這也表明，加密貨幣交易將變得更加主流，增加機構參與和投資者的信心。”

His assessment was in response to a March 12 announcement by the Financial Services Commission (FSC) detailing guidelines for corporate investments in virtual assets, which will be available in April.

他的評估是對金融服務委員會（FSC）3月12日的宣布，詳細介紹了針對虛擬資產的公司投資指南，該指南將於4月提供。

The guidelines will specify the types of companies that can invest in cryptocurrencies, the permissible methods of investment and the required disclosure of transaction details.

該準則將指定可以投資加密貨幣，允許的投資方法以及所需披露交易詳細信息的公司類型。

Banks will also release guidelines on accounting and cash conversion for virtual asset transactions by the second quarter of this year.

銀行還將在今年第二季度發布有關虛擬資產交易的會計和現金轉換指南。

Financial Services Commission Vice Chairman Kim So-young speaks during a meeting at Seoul Government Complex, March 12. Yonhap

金融服務委員會副主席金·楊（Kim So-Young）在3月12日在首爾政府大樓的一次會議上發表講話。

FSC Vice Chairman Kim So-young said that nonprofit entities and crypto exchanges will have detailed guidelines as early as next month, while the timeframe will be extended for listed firms and investment firms by the third quarter of this year.

FSC副主席Kim So-Young表示，非營利組織和加密貨幣交易所最早將在下個月擁有詳細的指南，而時間表將在今年的第三季度為上市公司和投資公司延長。

Those present at the meeting included the Digital Asset eXchange Alliance, four crypto exchanges — Upbit, Bithumb, Beeblock and Wavebridge — as well as custody service providers, the Korean Federation of Banks and commercial lenders issuing real-name accounts, including Kbank and Shinhan Bank.

在會議上出席的人包括數字資產交易所聯盟，四個加密貨幣交易所 - Upbit，Bithumb，Beeblock和Wavebridge-以及監護權服務提供商，韓國銀行聯合會和商業貸方發行了Realname帳戶，包括Kbank和Shinhan Bank。

The announcement is the latest development in the eased crypto market regulations.

該公告是輕鬆加密市場法規的最新發展。

Before June, real-name accounts for nonprofits will be issued and virtual asset exchanges will be allowed to conduct cash transactions for employee salary payments and taxes.

在6月之前，將簽發非營利組織的名稱帳戶，並允許虛擬資產交易所進行現金交易，以實現員工薪金和稅款。

By the year’s end, about 3,500 listed firms and investment firms will be issued real-name accounts for crypto investments.

到年底，大約有3500家上市公司和投資公司將獲得加密投資的真名帳戶。

This series of regulatory shifts from restriction to structured adoption is a positive step, according to Matheson.

根據Matheson的說法，從限製到結構化採用的一系列監管轉變是一個積極的步驟。

"The Virtual Asset User Protection Act and potential spot Bitcoin exchange-traded funds approvals indicate a maturing approach that balances oversight with market growth," he said.

他說：“《虛擬資產用戶保護法》和潛在的現貨比特幣交易所交易基金批准表明，一種成熟的方法與市場增長之間的增長保持平衡。”

The clear guidelines will help deepen institutional participation and investor trust in Korea, which, in his view, is in line with global trends.

明確的指南將有助於加深機構參與和對韓國的投資者信任，這在他看來與全球趨勢一致。

"While implementation details matter, this regulatory clarity paves the way for a safer and more robust digital asset market."

“儘管實施細節很重要，但這種法規清晰度為更安全，更強大的數字資產市場鋪平了道路。”

He added that the equal emphasis on enforcing strong investor protections and allowing gradual market expansion is desirable, but only to the point where the country's regulatory standards align with those of advanced peers.

他補充說，同等重要的是實施強大的投資者保護並允許逐步的市場擴張是可取的，但僅到該國的監管標準與高級同行一致的地步。

"Strict compliance measures reduce fraud, while phased initiatives — such as pilot programs and security token recognition — encourage innovation."

“嚴格的合規性措施減少了欺詐行為，而分階段的計劃（例如試點計劃和安全令牌認可）鼓勵創新。”

However, for offshore investors, a well-regulated and attractive Korean market still has access barriers.

但是，對於海上投資者來說，一個良好的韓國市場仍然有障礙。

"Ensuring seamless participation and interoperability with global markets will be key to sustaining Korea's leadership in digital finance," the managing director said.

董事總經理說：“確保無縫的參與和與全球市場的互操作性將是維持韓國在數字金融領域領導的關鍵。”

Partnerships

夥伴關係

Korea has one of the world's most active crypto markets, with high adoption, deep liquidity and a strong blockchain ecosystem, Matheson said.

Matheson說，韓國是世界上最活躍的加密貨幣市場之一，具有高采用，深厚的流動性和強大的區塊鏈生態系統。

Platforms such as Busan Digital Asset Custody Service provide institutional-grade solutions for managing tokenized assets, while Woori Bank is actively working on security token offerings.

釜山數字資產監護權服務等平台為管理令牌資產提供了機構級解決方案，而Woori銀行正在積極從事安全令牌產品。

However, regulatory uncertainty and restrictions on foreign participation have been challenges.

但是，監管不確定性和對外國參與的限制一直是挑戰。

The government's recent moves to create clearer regulations and support infrastructure like the Busan Digital Asset Exchange (BDAX), in that sense, are promising steps toward stability and innovation.

從這個意義上說，政府最近採取的行動是為了製定更清晰的法規和支持基礎設施，例如釜山數字資產交換（BDAX），這是朝著穩定和創新的有希望的步驟。

"We see strong partnership potential with both blockchain innovators and traditional financial institutions in Korea," he said. "BDAX is pioneering the tokenization of commodities, real estate, and intellectual property, aligning with our mission to democratize investment access."

他說：“我們看到與韓國的區塊鏈創新者和傳統金融機構之間的強大夥伴關係潛力。” “ Bdax正在開創商品，房地產和知識產權的令牌化，這與我們的使命是使投資訪問民主化的使命。”

"NH NongHyup Bank and Woori Bank are both advancing security token platforms, which could enable greater institutional adoption of [RWAs]. Samsung SDS provides blockchain-based enterprise solutions that could enhance the scalability and security of digital asset transactions. Collaborating with these firms could help bridge traditional and digital finance, expanding tokenized asset adoption in Korea and beyond."

"NH NongHyup Bank and Woori Bank are both advancing security token platforms, which could enable greater institutional adoption of [RWAs]. Samsung SDS provides blockchain-based enterprise solutions that could enhance the scalability and security of digital asset transactions. Collaborating with these firms could help bridge traditional and digital finance, expanding tokenized asset adoption in Korea and beyond."

Implications for RWA market

對RWA市場的影響

The FSC's recognition of tokenized securities aligns with the global push for institutional adoption of blockchain-based assets, the expert said.

專家說，FSC對令牌化證券的認可與全球採用基於區塊鏈的資產的全球推動相吻合。

"Korea's

“韓國