Regulatory Evolution in Full 2025
South Korea is fine-tuning its regulatory framework for cryptocurrencies with a focus on:
1. 🌍 Cross-border Transactions: Starting in the second half of 2025, registration and monthly reporting of crypto movements to central banks will be required, aimed at curbing money laundering.
2. 🏛️ Gradual Institutional Access:
Non-profit institutions (universities, NGOs) will be able to sell donations in crypto.
This will then extend to ~3,500 corporations and qualified investors, with “real-name” accounts on exchanges.
3. 🛡️ Reinforced Investor Protection Standards:
These have been in effect through the Virtual Asset User Protection Act since July 2024.
It requires the custody of at least 80% of user funds in cold wallets, insurance against hacking, and real asset separation.
4. 📝 Second Regulatory Phase: Transparency program, listing requirements, stablecoin regulation, and critical exchange information, expected by mid-2025.
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✅ What does this mean?
This progressive approach balances regulatory robustness with openness: security and protection are strengthened, but the market is also opened to institutional players.