South Korea: From Regulatory Repression to Institutional Revolution in the Crypto World!"

In recent years, South Korea has shifted from a strict policy towards digital currencies to a regulatory approach that encourages innovation and embraces institutions. Companies had been subjected to a complete ban on trading virtual assets since 2017, as a measure to combat speculation and money laundering. However, the situation changed in 2025: the government allowed non-profit institutions such as charities and universities to sell and liquidate digital donations starting in the first half of the year, as part of a pilot program that includes about 3,500 professional institutions.

Moreover, the Financial Services Commission (FSC) gradually lifted the ban, later including listed companies and professional investors by the second half of 2025. The goal is not only to encourage the adoption of crypto but also to raise the level of regulatory coordination among financial authorities and enhance anti-money laundering efforts through requirements for "real accounts" and regular reporting.

Regarding taxation, the imposition of a 20% tax on profits from digital assets has been postponed for the first time from 2025 to 2027 (or perhaps even 2028), to give investors more time to adjust.