‘Reflect the new crypto market environment’
South Korea is preparing to update how cryptocurrency transactions are monitored.
While more oversight might sound intimidating at first, officials say the changes are designed to make the fast-moving crypto market safer and better suited to how people use digital assets.
The country’s Financial Intelligence Unit, which oversees domestic crypto exchanges, has formed a new task force to overhaul anti-money-laundering rules tied to digital currencies.
According to DL News, the group is expected to present a policy proposal by mid-2026 that could significantly reshape how crypto transactions are tracked, including requiring sender and recipient information for every transfer — no matter how small.
…
