#SouthKoreaCryptoPolicy

South Korea is rolling out a major crypto policy overhaul in 2025. Under the Virtual Asset User Protection Act, exchanges must register with the Financial Services Commission, implement KYC/AML protocols, segregate 80% of user funds in cold storage, and maintain insurance reserves . Starting in H2 2025, charities and universities can sell crypto donations, while a pilot program will enable ~3,500 corporations and professional investors to open real‑name exchange accounts . Phase two of the law, expected by late 2025, will clarify trading standards, stablecoin rules, and listing transparency . Progressive yet cautious, the reforms aim to balance innovation, oversight, and investor protection.