Bank of Korea Manual Outlines Monthly Crypto Balance Reporting Rules
Photo: TokenPost
A Bank of Korea manual obtained by lawmaker Park Soo-young outlines a monthly crypto balance filing that would add asset-level disclosures for South Korea’s cross-border transfer providers. The FX1021 filing would cover a user after at least one qualifying digital-asset transfer across South Korea’s borders since July 19, 2024. A user with reportable assets would remain in scope during a month with no new transfer. The FX1021 form adds asset-level detail to the monthly reporting requirement .
Source: TokenPost
