
South Korea and Japan tighten crypto rules
- South Korea plans to widen disclosure rules covering public officials' digital assets.
- Japan is introducing stricter cryptocurrency regulations to strengthen investor protection.
- The changes reflect growing regulatory scrutiny across two of Asia's largest crypto markets.
South Korea is expanding rules requiring public officials to disclose their cryptocurrency holdings, while Japan is moving ahead with tighter regulations for digital asset businesses.
The regulatory changes are part of broader efforts by both countries to improve transparency, strengthen oversight and reduce risks in their cryptocurrency markets.
South Korea is extending its digital asset disclosure framework to include more state-linked organisations, building on measures introduced after concerns over undisclosed crypto holdings by public officials.
Japan is advancing reforms that would tighten oversight of cryptocurrency service providers, improve consumer protections and strengthen anti-money laundering requirements.
Both countries have been among the most active crypto markets in Asia, with regulators seeking to balance innovation with stronger safeguards for investors and financial stability.
The latest policy moves highlight a wider global trend as governments introduce more comprehensive rules for digital assets while encouraging responsible growth of the sector.