South Korea Enforces ₩3 Billion Reserve Rule for Crypto Exchanges
South Korea is bolstering its cryptocurrency regulations, requiring crypto exchanges to maintain significant reserves. From September, South Korean cryptocurrency exchanges will be required to maintain a minimum reserve of 3 billion won ($2.3 million) in bank accounts. This move comes as South Korea seeks to enhance investor protection and ensure the stability of the digital asset market.
South Korean regulatory authorities have ordered that crypto exchanges hold a minimum reserve of 3 billion won ($2.3 million) in bank accounts starting in September. The Korea Federation of Banks (KFB) reportedly intends to require domestic cryptocurrency exchanges to hold at least 3 billion won (around $2.26 million) as a reserve. This initiative, officially effective as of 2025, means cryptocurrency exchanges in South Korea are required to keep reserves with Korean banks.
This ₩3 billion ($2.3 million) minimum reserve requirement is a key part of the government's effort to protect investors. After experiencing a series of challenges in 2025, South Korea opted to enhance its role in overseeing the crypto market. In a similar endeavor, the government is demanding stricter financial safeguards from exchanges. Cryptocurrency exchanges in South Korea with bank-issued real-name accounts will have to reserve 30% of their daily average deposits or a minimum of 3 billion won. From September, South Korean cryptocurrency exchanges will be required to maintain a minimum reserve of 3 billion won ($2.3 million) in bank accounts. This move signals a firm commitment to responsible regulation within the rapidly evolving cryptocurrency landscape.