#SouthKoreaCryptoPolicy
South Korea is about to shake up the crypto scene and no one is telling you...
Starting in July 2025, they will activate a real-time monitoring system for personal wallets connected to exchanges. Yes, even if you don't have the crypto in the exchange, they will track it anyway.
What's the heaviest part? It's not just tax control...
They are working with Chainalysis and local companies to classify wallets according to "social risk level". If you use "suspicious" mixers or DEX, they can automatically block your access to fiat.
This is not theory:
They are already testing a "gray list" of addresses linked to NFT gaming, DeFi, and privacy protocols like Tornado Cash and Railgun.
And they are doing it with the help of artificial intelligence developed by Naver Cloud and KAIST.
The official goal is to "protect the consumer", but the background is darker:
South Korea does not want to lose financial power under the pressure from China and the US.
That's why they are rushing a hybrid CBDC that connects with your private wallet via iris verification... yes, like Worldcoin, but state-run.