1. Cryptocurrency transactions must be legitimate + registered on a valid exchange.

2. Apply the Travel Rule, retain information for amounts ≥1 million KRW.

3. The VAUPA law protects user rights.

4. Tighten organizations/obligations from non-profit.

5. Open pathways for institutional investment – ETFs, funds.

6. Obtain KRW stablecoin, STO, relax banking – exchange restrictions.

Conclusion:

South Korea is following a model of "strict control – while encouraging innovation": protecting investors and combating money laundering, while opening the door for the development of a professional, transparent crypto market that meets global standards.#SouthKoreaCryptoPolicy