South Korea plans to lower the threshold for the "tracking rule" on virtual assets to below 1 million won.

PANews reported on December 29th that, according to News1, the Korea Financial Intelligence Service held its first meeting on the "Revision of the TF for Specific Financial Information" on December 29th. The plan is to expand the current "Travel Rule," which applies to virtual asset transfers of 1 million won or more, to transactions below 1 million won, in order to strengthen anti-money laundering supervision. This move will strengthen the obligation to track cryptocurrency transfer information. Financial authorities will also promote the institutionalization of stablecoins and the introduction of account freezing systems, and plan to propose an improved anti-money laundering system in the first half of 2026.