<ul><li>South Korean authorities plan to regulate cross-border crypto transactions by the end of 2025 to combat tax evasion by foreign exchanges.</li><li>The Korean government will create a legal basis to monitor and share cross-border crypto transactions with financial authorities.</li><li>Companies involved in cross-border transactions with crypto assets must register and report transaction details to Korean financial authorities.</li><li>The regulatory plan comes due to the increasing demand for cross-border transactions using crypto assets, which currently lack a legal basis.</li></ul>

South Korea To Regulate Cross-Border Crypto Transactions In 2025

Discover more