South Korea is intensifying its anti-money laundering (AML) and counter-financing of terrorism (CFT) measures in the cryptocurrency sector. The Financial Intelligence Unit (FIU) is forming a policy taskforce to enforce stricter regulations, including the requirement for exchanges to report detailed sender and recipient information for all transactions. This move aligns with the Financial Action Task Force's (FATF) Travel Rule. The taskforce aims to draft a revised AML framework by mid-2025, focusing on virtual asset providers, stablecoins, and enhancing compliance oversight.