When you trade crypto, you're not just dealing with blockchain tech—you're also navigating FSC crypto rules, financial regulatory standards enforced by authorities like the Financial Services Commission to prevent money laundering and protect users. These rules aren't optional. They're the reason exchanges like Upbit got hit with $34 billion in fines, and why platforms like TradeOgre got shut down overnight. If you’ve ever wondered why some exchanges don’t serve U.S. users, or why you need to upload ID to trade, this is why.
KYC, Know Your Customer, the process of verifying your identity before trading crypto, is now mandatory everywhere from South Korea to Canada. AML, Anti-Money Laundering rules that force exchanges to track suspicious transactions, is equally strict. These aren’t just paperwork—they’re the line between a legal exchange and a target for seizure. When Canada took $40 million from TradeOgre, it wasn’t because they hated privacy—it was because TradeOgre refused to follow these rules. The same goes for Bitsonic: it’s only usable in Korea because it’s built to meet local compliance, not global ones. And if you think you can skip this stuff with a privacy coin or anonymous DEX, think again. The FATF Travel Rule now requires exchanges to share user data across borders. Even DeFi platforms are being pressured to comply.
Crypto exchange regulations, the legal frameworks that define how platforms operate, report, and protect users, are evolving fast. What was a gray area in 2020 is now a criminal offense in 2025. That’s why Poloniex stopped serving U.S. users, why LongBit is a scam site pretending to be real, and why every airdrop claim you see online needs a second look. If a project doesn’t mention compliance, it’s likely hiding something. The FSC crypto rules aren’t about stopping innovation—they’re about stopping fraud. And the posts below show exactly how these rules play out in real life: from exchange shutdowns to token collapses to the rise of compliant DeFi tools that actually work within the system. What you’ll find here isn’t theory. It’s proof.
South Korea's FSC has transformed crypto from a restricted activity into a regulated financial sector. Learn how real-name accounts, ETFs, corporate holdings, and the 2025 Virtual Asset Law are reshaping the market.