South Korea, US CeFi Platforms Advance Crypto Regulation

South Korea is intensifying its efforts to regulate the cryptocurrency industry in 2025, focusing on transparency, security, and comprehensive legislative frameworks that address stablecoins, taxation, and trading practices. U.S.-based centralized finance (CeFi) platforms are expanding into crypto markets through targeted strategies such as developing competing products and leveraging onchain protocols, with regulatory clarity influencing these approaches. Cryptocurrency continues to reshape global power dynamics by enabling borderless value transfer and undermining traditional monetary authority. These developments reflect both the increasing institutionalization of crypto in established economies and its disruptive potential to alter financial and informational systems. The summary no longer references the Soco404 malware campaign or related cryptomining security threats.