Tag: real-name bank account
- By Eva van den Bergh
- /
- 16 Dec 2025
Real-Name Bank Accounts for Crypto Trading in Korea: How It Works and Who Can Use It
South Korea requires real-name bank accounts for crypto trading to prevent money laundering and enable taxation. Only residents with Korean IDs and bank accounts can trade on approved exchanges like Upbit and Bithumb. Foreigners are largely locked out.