#SouthKoreaCryptoPolicy New crypto policy in South Korea – pillars of reform from 2025

🔹 Expansion: institutions + corporations - The authorities (Financial Services Commission) will allow, in 2025, non-profit organizations (universities, NGOs), then listed corporations and professional investors to open 'real-name' accounts for crypto trading 💼.

🔹 Pilot in two phases

H1-2025: non-profits and universities can sell crypto donations

H2-2025: up to ~3,500 corporations / professional investors can trade.

🔹 Phase 2: additional regulations

A legislative framework is coming in H2-2025, for:

Increased transparency in listings

Robust rules for stablecoins

Stricter obligations for platforms (custody, periodic disclosures).

🔹 Enhanced user protection

Effective from July 2024:

Over 80% of funds in cold wallets

Separate deposits, insurance for hacks

Strict AML & KYC monitoring.

🔹 Crypto taxes

Capital gains tax: 20% (22% with local tax), effective from January 2025.