#SouthKoreaCryptoPolicy Here’s a crisp ~100‑word summary of South Korea’s latest cryptocurrency policy updates:
South Korea is rolling out a two‑phase overhaul of its crypto regulations through 2025. First, the Financial Services Commission (FSC) will let charities, universities, and other non‑profits sell crypto donations by mid‑2025, followed by pilot “real‑name” accounts for 3,500 corporations and professional investors in H2 2025 (cointelegraph.com). These measures come alongside stricter oversight: mandatory registration, monthly cross‑border reporting, cold‑storage asset protection, and rules to curb pump‑and‑dump schemes (reuters.com). A 20 % crypto‐gains tax will kick off in January 2025 (coinedition.com). Together, these reforms aim to boost institutional adoption while enhancing transparency and security in the virtual asset market.
reuters.com