Join Delphine Forma, Head of Policy APAC & Europe at Solidus Labs, as she sits down with Jackie Baek, Compliance Head of Korea at Crypto.com, to explore what it actually takes to operate in one of the world’s largest and most distinctive digital asset markets

Korea combines extraordinary retail participation with stringent regulatory requirements and an increasingly sophisticated approach to market integrity. From VASP registration and the real-name bank account system to AML, market abuse, institutional participation and tokenized securities, Jackie takes us inside how the Korean market works today and where it is heading next.

They discuss:

• What makes Korea’s digital asset market unique, from its scale and retail dominance to its rapidly evolving regulatory landscape.
• What it takes to enter and operate in the Korean market, and why securing regulatory approval is only the beginning.
• Korea’s unique real-name bank account system for fiat-to-crypto trading, why it creates a significant barrier to entry for exchanges, and how the introduction of KRW stablecoins could reshape the current model.
• Korea’s evolving AML framework, cross borders compliance including the Travel Rule and the challenges of overseas VASPs and unhosted wallets.
• Market integrity and market abuse, including what exchanges must do to detect, investigate and report suspicious trading, and a real cross-market manipulation case involving offshore and on-chain activity.
• The gradual opening of Korea’s crypto market to corporates and institutional investors, and what this could mean for the market.
• Tokenized securities and what comes next, as Korea develops the next phase of its digital asset and capital-markets framework

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