#SouthKoreaCryptoPolicy South Korea is rapidly evolving its cryptocurrency policy, aiming for a regulated and transparent market. Key developments include:
* Institutional Participation: By Q3 2025, guidelines will enable professional investors, public companies, and charities to engage in crypto trading within a regulated framework.
* Stricter Exchange Regulations: New rules for crypto exchanges and non-profit institutions, effective June 2025, allow them to store and sell crypto assets under stricter compliance, including real-name bank accounts and enhanced AML/KYC.
* Listing Standards: Exchanges face tighter listing rules, requiring minimum circulating supply and temporarily restricting market orders post-listing to curb volatility.
* Spot Bitcoin ETFs: The Financial Services Commission (FSC) is reviewing legal pathways for allowing spot Bitcoin ETFs, signaling a potential policy shift.
* Delayed Crypto Tax: A proposed 20% capital gains tax on crypto profits has been postponed to 2027.
* Digital Asset Basic Act (DABA): Expected to be enacted, this act aims to provide a comprehensive regulatory framework, including a self-regulatory body and stablecoin approval system.
Overall, South Korea seeks to balance innovation with investor protection and anti-money laundering efforts, aligning with global standards.