#SouthKoreaCryptoPolicy South Korea's crypto policy is focused on establishing a comprehensive regulatory framework for digital assets. Here are the key aspects

# Regulatory Framework

- The Financial Services Commission (FSC) is the primary regulatory body responsible for formulating policies and supervising Virtual Asset Service Providers (VASPs).

- The Korea Financial Intelligence Unit (KoFIU) receives Suspicious Transaction Reports (STRs) from financial institutions and analyzes them.