South Korea is set to introduce significant anti-money laundering (AML) reforms targeting cryptocurrency platforms. The new regulations will include banning high-risk overseas platforms, enhancing financial scrutiny of local exchanges, and prohibiting individuals with drug or tax crime records from becoming major shareholders in crypto platforms. Additionally, the Financial Intelligence Unit (FIU) will gain the authority to "pre-freeze" accounts to prevent the flight of illicit funds. These measures are expected to be legislated by the first half of 2026, marking the largest AML overhaul in South Korea since 2021.