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Korea to Regulate Crypto Cross-Border Trade Next Year

On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that busi...

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Korea to Regulate Crypto Cross-Border Trade Next Year
On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border virtual asset trade register with authorities and submit monthly transaction reports to the Bank of Korea. The move follows significant concerns […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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