South Korean Cripto comes out of a failed strike in Crackdown season – Tradingview News

South Korea has started 2025. year with political chaos, regulatory heat and crypto market finally led to a heel – or at least forced to grow up.

The nation was closed in 2024. years in a mess after it was in December in December.

Lately, the authorities spent the first quarter of a drawing in the sand as a financial guardian guards of the cripptocurrency exchange with probes and raised a ban on corporate trading accounts. Meanwhile, the CRIPTO adoption hit highly recorded as a trafficked volume.

Here is the breaking of key events that in K1 2025. shaped the sector in the Urpto of South Korea in K1 of 2025. years.

South Korean traders gave another two-year tax release

1. January – Cript Tax has been postponed

Scheduled by 20% of capital gain taxes on CRYPTO did not enter into force 1. January after the deputies agreed to postpone until 2027. Years. This was the third delay: first of 2022. Until 2023. years, and then until 2025. years.

The last delay, achieved through a bipartisan consensus at the end of 2024. year, there was an amary assembly of economic uncertainty and political turmoil. MPs listed fears of flight for investors in the field of exchange, challenges in monitoring profits based on banknotes and moving national priorities in awakening failure from ioonic difficult dead and subsequent ridicule.

14. January – Warning against North Korean Hackers Cripto

The United States, Japan and South Korea have published a joint statement on North Korean Haks Cripto. CRYPTO companies are warned to keep anti-malicious software and freelancers are false. Lazarus group, a group ciber threat that is a sponsored state, appointed as a main suspect in some of the best hacks 2024. years, such as Hack $ 230 million in India Vazirk and $ 50 million from the largest crypt’s exchange in South Korea.

15. January – companies are waiting for the Marta for crypto greenery

Virtual Committee for South Korea Virtual Face, Policy Coordination Coordination Body within the Financial Services Commission (FSC), held its second meeting. The FSC is expected to approve to approve corporate access to trade accounts at local exchange. Despite popular demand, the FSC has retained a functioning decision, referring to the need for further examination.

Instead, the FSC announced the protection of investors against price manipulation and stricter control of stablecoin.

16. January – First implementation of crypto market manipulation

South Korean authorities accused the merchant in the First Prosecutor’s Office of the Pump within the Customer Protection Act with virtual means, the new crypto right in force since July 2024. years. Years.

Meanwhile, the Upbit received a suspension notice for alleged violation of claims for your customer (KIC) requirements in over 500,000 cases, encouraging regulators to consider the ban on new users’ registration.

23. January – Upbit, Bithumb Compensate users after interruption of service during martial arts law

The upbit and the rivalry exchange of Bithumba announced plans to compensate users after the violation of the proclamation of the National Martial Arts 3. December 2024. Years. The shocking move caused panic in financial and cryptological markets, which led to the local platforms overwhelmed by local platforms overwhelmed by local platforms overwhelmed by local platforms overwhelmed by local platforms.

South Korean World Crypto finally opened into corporations

13. February – Charities and universities receive the first connections at Corporate CRIPTO Access

The FSC presented its long-awaited plan to allow corporate entities to open the crippto trading accounts in phases until the end of 2025. Years. The overrun will require companies to use “Real-AML) cash washing and money laundering. Charities and universities are the first way and will be allowed to sell their crypto donations starting from the first half of the year.

The system of financial transactions in South Korea, introduced in 1993. years, was designed to combat tax evasion and money laundering, demanding that all bank accounts are under suspended legislation using national IDs.

Cripto Trading exploded in 2017. years, and anonymous accounts were meat meat, foreigners and minors initiate anonymous accounts of companies, foreigners and minors. The financial authorities responded by demanding CRIPTO exchange to partners with domestic banks and offer Fiat services only through verified Real-name orders. To date, only five exchanges met the requirements.

Since there was no regulatory framework for corporate accounts in real name, this policy has been efficiently excluded and overseas users and domestic companies to trade in South Korean exchanges. The new road map aims to determine this by creating a formal structure of institutional participation in line with stronger compliance standards.

21. February – An alleged serial cheater bursts again

The police regressed the “Jon Bur Kim”, identified by the Park, a 68 billion victory (approximately $ 48 million) in the crypt of Refrigerants in which Artube Artube (ATT) participated. He reportedly used false advertising, pump and delay tactics and opera trading to manipulate the market.

This is not a parking first brush with the law. He used to be charged in 14 billion fraud cases (about 10 million dollars) and was outside on bail when he launched Att.

25. February – the upbit operator to the Dunamo is sham

The Unitary Nation’s financial intelligence unit (FIU) is formally informed by the Dunamus, the Upbit operator, regulatory action. Sanctions were related to failures and conformity tasks from KIC with unregistered foreign exchange. FIU issued a partial business suspension, limiting supply from the processing of new clients and withdrawals in three months.

27. February – a formalized crypt of the force

South Korean prosecutors formally launched a virtual investigative research of the crimes of property, and followed a year and seven months as temporary work. As a missing unit since July 2023. year, the working group accused 74 individuals, provided 25 arrests and regained over 700 billion received (about 490 million dollars) in illicit gains. The working group of 30 people includes prosecutors, regulatory staff and experts.

February 28 – Upbit operator Dunamo files lawsuit to cancel business sanctions

The Dunamu said that it filed a lawsuit against the FIU to cause sanctions imposed by an exchange.

Bitcoin ETF Next on the Space South Korean Cripto checklist

5. Marta – Reviewing Bitcoin ETF Ban

The FSC began to review the legal pathways to enable the equiment trading funds Bitcoin (BTC) (ETFS), referring to the Japanese development of a regulatory approach as a potential model. This indicates a significant transition from the previous opposition of South Korea to the CRYPTO based on the ETF.

The Law on Capital Markets does not recognize cryptocurrency as eligible fixed assets for ETFS. However, 2024. year, lobbying the effort of large domestic intermediaries is amp, in the midst of the demand of the client, especially after the Bitcoin ETFS spot in the US.

Although examinations remain in the early stages, regulators no longer reject the possibility of unknown.

21. Marta – begins to start unregistered exchanges

FIU compiled a list of illegal foreign exchange and moved to block access via shops and ISPs. In addition, the Agency warned of criminal penalties for trading platforms that work without permission.

26. – 17. Marta is blocked for the exchange of applications (including Kucoin and MEXC)

Google PLAY has removed 17 unlicensed CRIPTO Exchange Apps in South Korea at the regulator request. FIU said that he also works with an Apple to block unauthorized crypto platforms.

27. Marta – Upbit results in a quarterly spider

The South Korean court temporarily raised 25. February. Partial business suspension imposed on the CRIPTO Exchange Upbit by FIU. The court’s decision allows you to get involved to continue new users, while the case is in view.

South Korean crypto is expected to go to K1 in K1 in K2 in K2

As March finished, more than 16 million investors – about a third of South Korea’s population, she outweighs the CRIPTO accounts, exceeds 14.1 million domestic actions. But this increase in adoption arrived as if the activity was cooled. Upbit, dominant exchange in the country, volume, volume are 34%, in K4 2025 to $ 371 billion in K4 2024 to $ 371 billion in K1 2025, according to Coingecko.

In mid-April, the crack still arrived. Apple followed Google’s leading lead in removing offshore replacement for exchange from his store, while prosecutors submitted another circle of market manipulation charges.

The Cripto South Korea industry is now opposed by stronger rules, growing institutional expectations and governments are no longer satisfied to look at the side.

All this took place before the early presidential elections in June, following the Iron’s dish. CRIPTO played a visible role in the IOON successful 2022. Year of the Presidential Election Campaign and is expected to remain a key issue with voters.

One candidate in the upcoming elections, the former Hong Joon-PIO Prosecutor’s Office, recently promised to process the crypto regulations in accordance with the Proestral Attitude of Trumps Administration, reported local media. Despite the pledge, Hongo understanding technology inquiry is questioned while he admitted not to know what the Central Bank of the Bank is.