South Korea Eyes Opening Crypto Market to Foreign Investors Amid AML Challenges
Key Takeaways:
- South Korea may allow foreign investments in crypto.
- Whether this happens depends on exchanges strengthening their AML efforts.
- Changes in policy could revive the local crypto sector.
South Korea may open its cryptocurrency market to foreign investors if local exchanges meet AML compliance.
Seoul Steps into the Crypto Age: Will It Open Global Accessibility?
Kim Sung-jin, head of the FSC’s virtual asset division, supported opening Korea’s crypto exchanges to international investors at a National Assembly seminar. The recent policy shift may be crucial for Korea to remain competitive in the fast-changing global digital asset ecosystem. As digital assets continue to gain popularity, global investors are increasingly looking to…
