South Korea's Virtual Assets Committee (VAC) has not convened since May 2025, delaying plans for corporations to establish Bitcoin treasuries. The VAC, established a year ago, has seen no meetings rescheduled, with the Financial Services Commission (FSC) postponing a planned October session. This inactivity is reportedly due to a governmental focus on the domestic stock market over cryptocurrency deregulation. A regulatory roadmap from February 2025 intended to enable 3,500 listed companies to purchase cryptocurrencies by mid-2025. However, the VAC's inactivity is hindering these plans, potentially affecting the competitiveness of South Korean businesses compared to their counterparts in the U.S. and Japan.