South Korea’s Evolving Crypto Policy: What Investors Should Know

South Korea has long been a major hub for cryptocurrency trading and innovation, but its regulatory landscape continues to shift. Recently, authorities have tightened oversight on exchanges, enforcing strict AML (anti-money laundering) and KYC (know-your-customer) rules to curb illegal activities. The "Travel Rule" now requires exchanges to share transaction details for transfers over $1,000, aligning with global standards. Meanwhile, the government is exploring CBDCs (central bank digital currencies) while maintaining a cautious stance on private crypto assets. Despite these regulations, South Korea remains a key player in blockchain development, with Seoul actively supporting Web3 startups. For traders and investors, staying updated on #SouthKoreaCryptoPolicy is crucial, as new rules could impact market access, taxation, and trading strategies. As the country balances innovation with consumer protection, its policies may set trends for other nations in the region.