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Korea’s Ministry of Finance and Economy proposes FX decree rules to register and monitor cross-border virtual asset transfers from 3 December 2026

Read the item · published 2026-10-06

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  1. 2026-10-31 Published

Verified quotes

  • “Virtual asset transfer service providers will be required to report information on virtual asset transfers to the FX information concentration agency (the Bank of Korea’s FX Information System).”
  • “The virtual asset transfer business will cover transfers of virtual assets between domestic and overseas virtual asset service providers, as well as transfers between domestic virtual asset service providers and personal wallets.”
  • “The information will be shared with and utilized by the National Tax Service, Korea Customs Service, Financial Supervisory Service and Financial Intelligence Unit.”

String-matched against https://english.mofe.go.kr/pc/selectTbPressCenterDtl.do?boardCd=N0001&seq=6500 by our verifier before every deploy.

AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted