South Korea Lifts Crypto Ban — With Stricter AML & KYC Rules

Krutika Adani

New KYC Rules Ahead of Ban Lift

Crypto exchanges and banks must verify source of funds, transaction purpose for institutional clients

Non-Profits, Exchanges Can Sell Crypto

Starting next month, crypto donations and fee income can be liquidated legally under new guidelines.

More Institutions May Join by Late 2025

Public companies and professional investors could gain exchange access, pending tougher AML mandates.

Crypto Becomes Political in South Korea

With 1 in 5 citizens trading crypto, major parties are backing pro-ETF reforms ahead of June elections.

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