#SouthKoreaCryptoPolicy South Korea has adopted a strict yet innovative approach to cryptocurrency policy. Recently, the country announced plans to form a special committee to regulate digital assets, aiming to reform crypto laws. In 2024, significant legislation was passed to protect crypto users, imposing stringent KYC (Know Your Customer) requirements to prevent money laundering. Additionally, regulatory measures have been strengthened through the establishment of a Crypto Crime Unit and the adoption of LEI (Legal Entity Identifier). Despite political uncertainties, South Korea is advancing toward becoming a global hub for digital assets.