#SouthKoreaCryptoPolicy South Korea Crypto Policy

South Korea is intensifying its cryptocurrency regulation to combat illicit activities and protect investors. The government has established a special unit to investigate crypto-related crimes and adopted the Legal Entity Identifier (LEI) code to enhance transparency. Additionally, the Financial Services Commission plans to lift the ban on institutional crypto trading, allowing organizations such as charities, universities, and law enforcement agencies to sell their virtual assets during the first half of 2025. These measures aim to foster a safer and more regulated crypto market environment. uh