Server-rendered tracker page for aml regulation in South Korea. This page is built for Google and LLM crawlers: every event below links to a permanent policy-event URL with source data and APAC FINSTAB analysis.
Jurisdiction: South Korea. Regulator: FSC / FSS. Topic: AML. Latest event: May 29, 2026 — South Korea DAXA Mandates API Key Invalidation For Shared Access Risk.
Use this page to compare rule changes, licensing signals, enforcement posture, and market-access implications for exchanges, stablecoin issuers, protocols, custodians and institutional teams operating across APAC.
South Korea's Digital Asset Exchange Alliance introduced a standard requiring member exchanges to invalidate API keys suspected of improper sharing. The standard shifts automated-trading controls toward proactive credential governance across Korean licensed exchanges and market-making workflows.
South Korea's FIU proposal would bring overseas-linked crypto transfers above KRW 10 million into mandatory reporting and expand Travel Rule compliance pressure. DAXA and major exchanges are pushing back because the lower threshold could sharply increase AML filings and operational burden.
Korean authorities are reviewing Hecto Financial's planned Circle Payments Network remittance service for potential issues under the Specific Financial Information Act and Foreign Exchange Transactions Act. The review tests whether a traditional payment company using USDC rails becomes subject to VASP-style licensing, AML and FX obligations.