South Korea Non-Custodial Wallet – Compliant Development
Launch a non-custodial wallet in South Korea with compliance controls mapped to FSC/FSS and Korea VASP. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
South Korea · Non-Custodial Wallet
Korea requires VASP registration, ISMS certification, and banking partnerships for exchanges.
| Jurisdiction | South Korea |
|---|---|
| Regulator | FSC/FSS |
| Product | Non-Custodial Wallet |
Software
Built-in compliance controls
- Self-custody key generation and secure backup flows
- WalletConnect / chain signing with transaction simulation
- Optional KYC-gated features for regulated on-ramps
- Phishing protection and address allowlisting
- Privacy-preserving analytics for product ops (not user PII)
- Implement user-controlled private key management systems.
- Ensure compliance with KYC regulations during user onboarding.
- Integrate transaction monitoring features to detect suspicious activities.
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is a non-custodial wallet?
- A non-custodial wallet allows users to control their private keys and funds directly, without relying on a third party.
- Are non-custodial wallets subject to the same regulations as custodial wallets?
- Yes, non-custodial wallets must still comply with KYC/AML regulations as per FSC/FSS guidelines.
- How does Block Intelligence support non-custodial wallet development?
- Block Intelligence offers software solutions that integrate compliance measures necessary for non-custodial wallets in South Korea.