#SouthKoreaCryptoPolicy Anti-Money Laundering (AML) and Know Your Customer (KYC)*: Cryptocurrency exchanges are required to implement anti-money laundering and know your customer policies to prevent illicit activities.
- *Taxes*: South Korea has imposed taxes on cryptocurrency gains, with plans to adjust tax rates and regulations.
- *Licensing*: Cryptocurrency exchanges must register with the Financial Intelligence Unit (FIU) and comply with regulations.$BNB