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Bank of Korea Proposes $10,000 Stablecoin Transfer Limit for Unverified Wallets

2026-07-08 12:29:52

According to the Bank of Korea's legal team, the central bank released a regulatory framework proposal on July 8 suggesting that personal stablecoin transfers exceeding $10,000 be restricted to authenticated wallets only. The proposal, which references existing foreign exchange regulations, requires prior declaration for such transactions and aims to strengthen monitoring of cross-border stablecoin flows for anti-money laundering compliance. The central bank acknowledged technical challenges in controlling unregistered wallets but cited regulatory necessity.

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