South Korea Lifts Ban on Crypto VC Funding: Boosting Blockchain Growth

South Korea has taken a significant step towards bolstering its crypto industry by lifting the seven-year ban on venture capital funding for companies in the sector. The move, announced effective September 16, 2025, is driven by the Ministry of SMEs and Startups and Cabinet approval. This policy reversal opens the doors for greater investment in blockchain technologies, potentially accelerating innovation within the country’s crypto ecosystem.