#SouthKoreaCryptoPolicy Since 2021, South Korea has banned anonymous transactions and required exchanges to link with banks to ensure real accounts with real names. In 2023, the government also enacted a law requiring public disclosure of virtual assets of government officials, demonstrating a commitment to transparency and anti-corruption.
In 2025, South Korea will continue to tighten controls with plans to establish a Digital Asset Supervision Agency to monitor and investigate fraudulent activities and market manipulation in the cryptocurrency sector.
South Korea's policies reflect a balanced approach between protecting investors and promoting technological innovation, contributing to a transparent and sustainable cryptocurrency environment.