South Korea plans to lower the threshold for virtual asset "location rules" to below 1 million won.

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According to News1, the Korea Financial Intelligence Service held its first meeting today on the "Revision of the TF for Specific Financial Information," planning to expand the current "Travel Rule," which applies to virtual asset transfers of 1 million won or more, to transactions below 1 million won, in order to strengthen anti-money laundering supervision.

This move will strengthen the obligation to track cryptocurrency transaction information. Financial authorities will also promote the institutionalization of stablecoins, the introduction of account freezing mechanisms, and plan to propose improvements to the anti-money laundering system in the first half of 2026.

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