[South Korea Plans to Remove '1 Exchange to 1 Bank' Restriction, Legalizing Crypto Derivatives and Corporate Account Transactions] According to the *Korea Herald*, South Korean financial authorities are working on reforming the digital asset regulatory framework. They plan to abolish the '1 Exchange–1 Bank' binding restriction, allowing the issuance of crypto derivatives and corporate account participation in transactions. This move aims to break the current market monopoly structure and enhance liquidity. Regulators believe that although the restriction is not legally mandated, it has persisted due to anti-money laundering requirements, limiting competition among exchanges and user choices. The subsequent policies will be incorporated into the second phase of legislation under the *Basic Act on Digital Assets*. Both parties in the National Assembly have also reached a consensus on certain directions for regulatory relaxation.