#SouthKoreaCryptoPolicy

Real-Name Trading

This one surprised me: you can’t just create anonymous accounts anymore. Banks and exchanges are linked, and all accounts must be under your real name. It reduces scams — but also raises questions about privacy.............!

Tax Rules Coming Soon

South Korea is also planning to introduce crypto tax rules. If you make gains from trading, you’ll likely have to pay tax on it. That might scare some traders, but to me, it just means the government is recognizing crypto as a real financial asset..........!