South Korea Ends Crypto Venture Ban: A Game-Changer for Blockchain Innovation

Effective September 16, 2025, South Korea officially ended its seven-year restriction on cryptocurrency enterprises meeting venture company standards. Crypto companies are excluded from the prohibited industries list by the changed Special Act on Fostering Venture Businesses Enforcement Decree. Giving equal treatment to cryptocurrency startups, this policy enables them to seek venture certification alongside established companies without losing their standing as they grow into digital assets.

Venture-certified crypto firms gain major advantages from the reform, including up to 50% corporate tax savings, lower real estate acquisition taxes, advertising rebates, and access to state subsidies. Furthermore, this change enhances regulatory standing, improves access to venture capital, and allows participation in state-sponsored innovation projects. The move fits President Lee Jae-pro-crypto myung's policies, who hastened the reversal after assuming office in June 2025 as part of more general digital finance changes.

Created to reflect world trends, this policy change positions South Korea as a major hub for crypto and blockchain innovation in the Asia-Pacific area. The new method promotes related businesses, including blockchain development, cybersecurity, and smart contract technology by having one of the most active crypto markets in the world and an increasing user base. South Korea enhances its capacity to draw in worldwide fintech talent and support crypto market expansion by viewing digital assets as a source of innovation rather than a financial risk, therefore improving its competitiveness.