#SouthKoreaCryptoPolicy South Korea's crypto policy has evolved significantly, reflecting the balance between innovation and regulation. Initially embracing cryptocurrencies, the government later implemented stricter measures to combat fraud and protect investors. Key regulations include mandatory real-name verification for exchanges and tax obligations for crypto transactions. The Financial Services Commission (FSC) oversees compliance and has introduced measures to enhance transparency in the market. Despite regulatory challenges, South Korea remains a major player in the global crypto landscape, fostering blockchain technology through research and development initiatives. The government's approach aims to create a secure environment while promoting the growth of the digital economy.