South Korea Opens Doors to Foreign Investors in Cryptocurrency Market

South Korea is signaling its readiness to welcome foreign investment into the world of cryptocurrency. The country’s financial regulator has proposed that, once robust anti-money laundering measures are in place at local exchanges, access for international investors could become a reality. This shift represents a departure from South Korea’s historically strict capital control policies and is attracting significant attention within the financial sector. The announcement was made by Kim Sung-jin, a top official at the Financial Services Commission (FSC).