#SouthKoreaCryptoPolicy South Korea is revamping its crypto policy to welcome institutional players while tightening regulations. Starting June 2025, nonprofits can legally liquidate crypto, and stricter KYC/AML rules will apply to exchanges and banks. Lawmakers support legalizing spot crypto ETFs and creating a won-backed stablecoin. A framework for tokenized securities and a Digital Asset Basic Act is in progress. Cross-border crypto transactions will require registration by late 2025. These changes mark a shift from retail-focused restrictions to a regulated, institution-friendly market aiming for safer adoption and global competitiveness.