#SouthKoreaCryptoPolicy

South Korea's Crypto Scene: Regulated Yet Thriving

Crypto isn’t a legal tender in South Korea, but trading is booming—over 18 million people are involved. While crypto gains are currently tax-free, exchanges face strict regulations. The Financial Services Commission (FSC) enforces Anti-Money Laundering and securities laws.

Key rules for crypto service providers are based on regulatory guidelines, not formal laws. Still, they shape the crypto landscape. South Korea’s approach has evolved—once skeptical, now cautiously supportive—to fuel tech growth and global business.

Despite complexity, the market remains vibrant. Clear oversight, rising adoption, and flexible policies make South Korea a major player in crypto’s global rise.