South Korea Tightens Crypto Rules Amidst Pro-Crypto Elections

Ahead of a closely watched presidential election, the South Korean government is tightening rules for cryptocurrencies, particularly regarding institutional investments. The country’s Financial Services Commission (FSC) is implementing stricter AML and KYC protocols for exchanges while loosening regulations for institutions investing in digital assets. 2025 will see a surge in institutional participation as this policy shift aims to secure against money laundering and fraud during this period of heightened activity.