00:03korea's financial regulator just put a number on how big institutional crypto trading could get
00:08if corporate crypto trading is allowed institutions could manage up to 82.4 trillion won in digital
00:15assets related fee and settlement revenue could reach roughly 570 billion won a year
00:20regulators are outlining a three-stage rollout starting with public companies and financial
00:26institutions before wider access follows separately mortgage lending jumped 4.3 trillion won in august
00:33as apartment purchase loans accelerated again it's thursday september 10th let's break down what's
00:39happening in korea's financial sector the 82.4 trillion won figure comes from a task force study
00:46on what corporate crypto access could look like that scale would make institutional trading a
00:51meaningfully large new segment of korea's digital asset market here's what the numbers show 82.4
00:57trillion won is the maximum institutional crypto asset management scale projected if corporate
01:03trading is permitted related annual fee and settlement revenue is estimated at roughly 570
01:09billion won under that scenario regulators are proposing a three-stage rollout beginning with
01:15listed companies and financial institutions according to today's finance page separately mortgage lending
01:21rose 4.3 trillion won in august driven by renewed apartment purchase loan demand so what does this
01:28mean for financial sector analysts tracking korea's crypto policy earlier we said institutional crypto
01:34trading could scale to 82.4 trillion won under the proposed framework here's what that actually means
01:41for you a phased rollout starting with the largest most regulated players suggests korea is prioritizing
01:47control over speed as it opens this market that contrasts with august's mortgage lending jump where
01:53demand is already accelerating without waiting for new rules three things to watch first which stage of
02:00the proposed rollout regulators formally approve first second whether the 570 billion won revenue estimate
02:07holds up once real trading volume begins third whether august's 4.3 trillion won mortgage lending increase
02:14continues into september that's today's ai prism finance daily this episode was produced with ai
02:22assistance based on sole economic daily reporting and reviewed by a human editor ai prism is a
02:28won ifra award-winning series we'll be back tomorrow
02:31you
