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South Korea mandates crypto declaration in real estate transactions
South Korea has just updated its real estate transaction regulations on September 8, 2025, requiring detailed disclosure of funds received from the sale of virtual assets (crypto) when used to purchase homes, aiming to increase transparency and prevent illegal money flows.
Accordingly, when preparing a financial plan for a real estate purchase transaction, the buyer must submit documentation proving the source of funds from crypto. The enforcement of regulations will be coordinated by the Ministry of Finance, the Ministry of Natural Resources and Environment, and functional agencies such as the Financial Services Commission and the Financial Intelligence Agency.
Although tightened, this regulation also recognizes the legality of capital from crypto, helping digital assets to be more accepted in the formal economy.