#SouthKoreaCryproPolicy What is your opinion on this movement by the Countries?
Currently, South Korea is advancing its cryptocurrency regulation focusing on investor protection and institutional integration.
Starting in the second half of 2025, companies and professional investors will be able to legally trade crypto assets, after years of restrictions.
Non-profit organizations, universities, and exchanges will also be allowed to sell donations in crypto assets.
Additionally, a 20% tax on profits from crypto assets will come into effect in January 2025, aiming to increase tax compliance.
These changes aim to balance innovation and security, positioning South Korea as a leader in cryptocurrency regulation in Asia. (coinedition.com)