#SouthKoreaCryptoPolicy Since 2021, South Korea has banned anonymous transactions and required exchanges to link with banks to ensure real-name accounts. In 2023, the government also enacted a law requiring public disclosure of virtual assets of government officials, demonstrating a commitment to transparency and anti-corruption.
In 2025, South Korea will continue to tighten controls with plans to establish the Digital Asset Oversight Agency, aimed at monitoring and investigating fraudulent activities and market manipulation in the cryptocurrency space.
South Korea's policy reflects a balanced approach between protecting investors and promoting technological innovation, contributing to the development of a transparent and sustainable cryptocurrency environment.