On April 4, according to Financefeeds, Kim Sung-jin, head of the virtual asset department at the Korean Financial Services Commission (FSC), stated that he supports allowing foreign investors to enter the Korean crypto market, provided that local exchanges demonstrate strong anti-money laundering compliance capabilities. Currently, due to capital controls and real-name account requirements, non-residents can hardly trade crypto assets in Korea. However, with the United States signaling more crypto-friendly policies under the Trump administration, Korean regulators have begun to reassess existing restrictions. The FSC remains cautious, believing that Korean exchanges still have shortcomings in international compliance, especially in the implementation of the Travel Rule. This rule, which has been in effect since 2022, requires exchanges to collect and store information about both parties for transactions exceeding 1 million Korean won (approximately $680), and some platforms have recently lowered the applicable threshold.