Bank of Korea Manual Outlines Monthly Crypto Balance Reporting Rules

A Bank of Korea manual obtained by lawmaker Park Soo-young outlines a monthly crypto balance filing that would add asset-level disclosures for South Korea’s cross-border transfer providers. The FX1021 filing would cover a user after at least one qualifying digital-asset transfer across South Korea’s borders since July 19, 2024. A user with reportable assets would remain in scope during a month with no new transfer. The FX1021 form adds asset-level detail to the monthly reporting requirement .
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