Company
South Korea's government ministry overseeing fiscal policy, the national budget, taxation and broader economic planning.
Seoul wants a services framework law passed this year by excluding healthcare, the issue that has stalled the bill since 2011. Three of the four bills pending in the Assembly already use that carve-out, so the test now is a floor vote.
Reality
Korea Money Brokerage and Seoul Foreign Exchange Brokerage, licensed in 1998 and 2000, remain the only won-dollar spot brokers, Bank of Korea data show. No firm has applied for a new spot license since 2021, the finance ministry says, so would-be entrants more than regulators set the pace of opening.
Reality
Lee Hyoung-il told the National Assembly that virtual assets belong in the other-income category and that the National Tax Service will publish the operative rules by the end of this year, while capital gains taxation of securities waits for calmer markets.
Reality
The rate touched 1,334.7 on the 7th, and the pension fund bid that traders are pricing as a floor is unconfirmed talk attached to a hedge book that runs off on six- and twelve-month maturities.
Reality
A wholly state-funded subsidiary of Korea Venture Investment Corp will seed 100 designated firms a year across ten fields, which puts the government on both sides of the trade, as first investor and as anchor customer.
Reality
The finance ministry accepts that the 500 million won gap should narrow. Whether it closes fully or stops at 1.2 billion won decides who keeps paying.
Reality