韩国关于加密货币公司投资的试点计划是一个强烈的信号

韩国对加密货币公司投资的试点计划是一个强烈的信号，表明数字资产已融入受监管的金融市场

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.

据美国认证公共会计和法律背景背景的美国加密专家称，韩国对加密货币公司投资的试点计划表明，数字资产已融入受监管的金融市场。

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，该计划将在4月开放有限的用例，是韩国更有效地调节加密货币行业的更广泛趋势的一部分，重点是平衡创新与投资者保护。

"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的联合创始人兼董事总经理John Matheson说：“允许机构加密交易并认识到令牌化证券信号表明韩国正在与高级同行保持一致，并为更广泛的收养奠定了基础。”

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是一家位于美国维尔京群岛的公司，已引入各种RWA代币。他说，它的旗舰产品是以抵押支持证券为导向的MBStoken，它在加密货币市场中提供了安全性，透明度和稳定性。

"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说：“这种方法表明，数字资产可以以明确定义的方式与传统财务共存，为其他国家提供蓝图。” “这也表明，加密货币交易将变得更加主流，增加机构参与和投资者的信心。”

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.

他的评估是对金融服务委员会（FSC）3月12日的宣布，详细介绍了针对虚拟资产的公司投资指南，该指南将于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.

该准则将指定可以投资加密货币，允许的投资方法以及所需披露交易详细信息的公司类型。

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

银行还将在今年第二季度发布有关虚拟资产交易的会计和现金转换指南。

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

金融服务委员会副主席金·杨（Kim So-Young）在3月12日在首尔政府大楼的一次会议上发表讲话。

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，非营利组织和加密货币交易所最早将在下个月拥有详细的指南，而时间表将在今年的第三季度为上市公司和投资公司延长。

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.

在会议上出席的人包括数字资产交易所联盟，四个加密货币交易所 - Upbit，Bithumb，Beeblock和Wavebridge-以及监护权服务提供商，韩国银行联合会和商业贷方发行了Realname帐户，包括Kbank和Shinhan Bank。

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

该公告是轻松加密市场法规的最新发展。

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，将签发非营利组织的名称帐户，并允许虚拟资产交易所进行现金交易，以实现员工薪金和税款。

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，大约有3500家上市公司和投资公司将获得加密投资的真名帐户。

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

根据Matheson的说法，从限制到结构化采用的一系列监管转变是一个积极的步骤。

"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.

他说：“《虚拟资产用户保护法》和潜在的现货比特币交易所交易基金批准表明，一种成熟的方法与市场增长之间的增长保持平衡。”

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

明确的指南将有助于加深机构参与和对韩国的投资者信任，这在他看来与全球趋势一致。

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

“尽管实施细节很重要，但这种法规清晰度为更安全，更强大的数字资产市场铺平了道路。”

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.

他补充说，同等重要的是实施强大的投资者保护并允许逐步的市场扩张是可取的，但仅到该国的监管标准与高级同行一致的地步。

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

“严格的合规性措施减少了欺诈行为，而分阶段的计划（例如试点计划和安全令牌认可）鼓励创新。”

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

但是，对于海上投资者来说，一个良好的韩国市场仍然有障碍。

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

董事总经理说：“确保无缝的参与和与全球市场的互操作性将是维持韩国在数字金融领域领导的关键。”

Partnerships

伙伴关系

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

Matheson说，韩国是世界上最活跃的加密货币市场之一，具有高采用，深厚的流动性和强大的区块链生态系统。

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.

釜山数字资产监护权服务等平台为管理令牌资产提供了机构级解决方案，而Woori银行正在积极从事安全令牌产品。

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

但是，监管不确定性和对外国参与的限制一直是挑战。

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.

从这个意义上说，政府最近采取的行动是为了制定更清晰的法规和支持基础设施，例如釜山数字资产交换（BDAX），这是朝着稳定和创新的有希望的步骤。

"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."

他说：“我们看到与韩国的区块链创新者和传统金融机构之间的强大伙伴关系潜力。” “ Bdax正在开创商品，房地产和知识产权的令牌化，这与我们的使命是使投资访问民主化的使命。”

"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

对RWA市场的影响

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

专家说，FSC对令牌化证券的认可与全球采用基于区块链的资产的全球推动相吻合。

"Korea's

“韩国