South Korea Accelerates Crypto Regulations as U.S. Policies Shift

South Korea is speeding up virtual asset regulations for corporations and stablecoins. U.S. policy shifts are influencing South Korea’s approach to cryptocurrency regulation. Upbit’s sanctions review is ongoing, with attention to user impact and swift resolution. South Korea is speeding up its legislative efforts to regulate virtual asset accounts for corporations and stablecoins. Financial authorities have announced their commitment to finalizing policies in the coming months. At a monthly press conference on January 22, Financial Services Commission Chairman Kim Byung-hwan revealed plans to announce the authorities’ stance on corporate virtual asset accounts soon. U.S. Influence on South Korea’s Crypto Policies South Korea’s regulators are closely monitoring international developments, especially in the U.S., where the Trump administration is taking proactive steps toward crypto regulation. Chairman Kim noted that global trends significantly influence South Korea’s pace in institutionalizing virtual assets. He emphasized the need to align with these developments while ensuring both industry growth and investor protection. Related: … The post South Korea Accelerates Crypto Regulations as U.S. Policies Shift appeared first on Coin Edition .