South Korea's crypto policy focuses on regulation and investor protection.
The Financial Services Commission (FSC) oversees crypto exchanges, requiring them to comply with strict guidelines, including real-name verification and anti-money laundering (AML) measures.
The government aims to balance innovation with investor safety, ensuring a transparent and secure crypto market.
South Korea's crypto industry is expected to grow, driven by increasing adoption and regulatory clarity.
Key developments include enhanced AML regulations and potential legalization of spot crypto ETFs. The FSC's regulatory framework seeks to mitigate risks while fostering innovation in the crypto space.