In the past year, the South Korean government has been actively promoting the formulation of regulations for cryptocurrency. According to reports, the South Korean Financial Service Commission (FSC) is considering imposing restrictions on domestic financial institutions, prohibiting them from holding or investing in Crypto Assets in any form.

This potential restrictive measure could have a significant impact on South Korea's Crypto Assets industry. If the ban ultimately takes effect, South Korean banks and other Financial Institutions will be prohibited from directly purchasing, holding, or investing in Crypto Assets.

This move is one of a series of measures taken by the South Korean government to regulate the Crypto Assets market. Previously, South Korea had implemented strict anti-money laundering policies, requiring Crypto Assets exchanges to establish partnerships with financial institutions to provide users with real-name verified fiat currency accounts.

South Korean financial regulators stated that these measures are aimed at protecting investors and preventing systemic risks that may arise from the crypto assets market. However, some industry insiders are concerned that overly strict regulations may stifle innovation and development in South Korea's crypto assets industry.

Currently, this potential ban is still in the discussion stage and has not yet been officially implemented. It remains to be seen whether the South Korean government will ultimately adopt this policy and what the specific implementation details will be. In any case, this news once again highlights the growing concern of global regulatory agencies regarding the Crypto Assets industry.