South Korea Greenlights Venture Status for Crypto Firms on September 16

-

South Korea crypto firms will be eligible for venture company status starting September 16, 2025.

The Ministry of SMEs and Startups approved a change to the Enforcement Decree of the Venture Business Act.

The move ends a block that began in October 2018 and restores access to public support programs.

Venture Company Status for South Korea Crypto: Tax Breaks, Credit Guarantees, and R&D Grants

The revised Enforcement Decree removes virtual asset trading and brokerage from the restricted list.

As a result, South Korea crypto firms can apply for venture company status under the standard certification process. The measure places crypto trading and brokerage on the same footing as other tech startups.

Once certified, firms gain access to targeted programs. These include tax breaks, credit guarantees, R&D grants, and broader financing support.

Attorney Ted Koo from LIN said the framework also lets existing venture companies expand into virtual asset trading without losing their status. The change applies at the company level and follows documented criteria.

The Ministry of SMEs and Startups set September 16 as the effective date. Therefore, applications for venture company status can proceed after publication and administrative notice.

The scope covers trading venues, brokerage services, and related blockchain businesses operating in South Korea.

Ministry of SMEs and Startups: Global Shift and User Protection Drove the Reversal

The original 2018 ban targeted speculative activity and excluded South Korea crypto firms from venture company status.

Officials now cite an evolving global market and stronger user protection as reasons for the reversal. The ministry first signaled the lift in July 2025, then finalized language after consultations.

Minister Han Seong-sook called the update a “regulatory improvement” aligned with digital-asset trends. She said,

“We will focus our policy capabilities on creating a transparent and responsible ecosystem to facilitate the smooth inflow of venture capital and the growth of new industries.”

The quote outlines the policy aim without changing supervisory obligations.

The ministry also points to recent rules that raised user protection standards. These include deposit safeguards and trading-abuse provisions adopted in 2025.

Together, these measures form the basis for re-opening venture company status to South Korea crypto firms while keeping compliance requirements in place.

South Korea Crypto by the Numbers: 16 Million Users and Statista Growth Projections

Exchange accounts in South Korea surpassed 16 million as of early 2025. That figure equals over 30% of the national population.

The uptake highlights broad participation in South Korea crypto trading and brokerage platforms.

Market projections also show steady revenue growth. Statista estimates $1.1 billion in 2025 for the South Korea crypto market, rising to $1.3 billion in 2026. These projections track with reported increases in activity across major local platforms.

Policy signals remain active. After the June election of President Lee Jae-myung, lawmakers advanced several digital-asset proposals, including a stablecoins bill.

In parallel,fg authorities set lending-rate caps and limited leveraged loans on crypto, aiming to reduce consumer risks while the Ministry of SMEs and Startups re-opens venture company status.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Tatevik Avetisyan
Tatevik Avetisyan
Editor at Kriptoworld
LinkedIn | X (Twitter)

Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.

📅 Published: September 11, 2025 • 🕓 Last updated: September 11, 2025

LATEST POSTS

Trump Fast-Tracks Fed Chair Interviews as Hassett Leads Markets

US President Donald Trump is moving into the final round of Trump Fed chair interviews this week. The Financial Times reported that Treasury Secretary Scott Bessent...

Argentina’s Central Bank Mulls Ending Crypto Ban

Okay, so Argentina’s central bank, the Banco Central de la República Argentina is kicking around the idea of ending its 2022 ban that kept banks...

Robinhood’s Big Gamble: Crashing Indonesia’s Crypto Party with a Buyout Blitz

Robinhood is no longer just America’s favorite Robin Hood but a global crypto desperado, shooting straight for Indonesia’s booming markets. Forget slow-and-steady, this company is...

OCC Chief Rejects Double Standard For Crypto Banks And Digital Assets

United States OCC chief Jonathan Gould said there is “no justification” for treating crypto banks and digital assets more harshly than traditional institutions. He spoke...
130FollowersFollow

Most Popular

Guest posts