#SouthKoreaCryptoPolicy #SouthKoreaCryptoPolicy South Korea has strict but evolving cryptocurrency regulations. Exchanges must register with the government, verify users through real-name bank accounts, and follow security standards. Privacy coins like Monero are prohibited.

In July 2024, new laws came into effect to protect users, requiring exchanges to store more than 80% of customer assets offline and prevent unfair trading.

In 2025, institutional trading will open in phases. Public institutions and charities will be able to trade first, followed by professional investors and listed companies. New rules on stablecoins, transparency in exchanges, and token listings are also being developed.

Cross-border cryptocurrency transactions will be monitored starting in late 2025, with mandatory reporting to the central bank.

The government aims to enable safer investments, boost innovation in blockchain, and possibly approve cryptocurrency ETFs. South Korea is balancing investor protection with growth, positioning itself as a regulated but forward-looking cryptocurrency market.