#SouthKoreaCryptoPolicy South Korea's cryptocurrency policy is both strict and innovative. The government aims to tightly regulate the market while promoting technological innovation. Since 2021, exchanges must comply with rigorous standards for transparency, user identification (KYC), and anti-money laundering (AML). Cryptocurrency gains are also subject to taxation. However, South Korea is actively investing in blockchain and exploring a central bank digital currency (CBDC). This balanced approach aims to protect investors while enhancing the country's digital competitiveness.