Virtual Asset Service Provider / Korea / Specific Financial Information Act
Granted activities
by client typeActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.
Exchange crypto-assets for fundsrequires a real-name-verified bank account partnership; only banks may issue the verification accounts Conditional Conditional Conditional None Conditional
Provide custody and administration of crypto-assets on behalf of clients Full Full Full None Full
Conditional: the grant carries the conditions listed under the activity.
Requirements
No requirement data recorded.
Passporting reach
This regime does not passport into other jurisdictions.
Holders
28 in this corpusCompanyRegister idStatus
Products unlocked
Stablecoin custody1 marketconsumer · sme · corporate · via-intermediary
Derived business models
Computed from granted activities × permitted client types × passporting mode — not an opinion label.
B2CCONSUMER · 2 activities granted
B2BSME +1 · 2 activities granted
Open questions on this regime
No open questions recorded against this regime.
Resolved coverage in south korea
COVERED
South Korea2
Crypto custody admin
own licenceconsumer · SME · corporate · via intermediaryhypothetical
Crypto exchange for funds
own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical
UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE
No unverified rows.
Need this implemented in your product?
I turn requirements like these into flows, vendor setups, tests and audit evidence.
Regime: Virtual Asset Service Provider / Korea / Specific Financial Information Act