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#SouthKoreaCryptoPolicy
🇰🇷 South Korea strengthens control over the cryptocurrency market
South Korea continues to tighten cryptocurrency regulation. Authorities are focusing on transparency and investor protection after a series of high-profile scams and project failures, including the Terra (LUNA) case.
⚖️ What is important:
• Starting from 2025, a tax on profits from cryptocurrencies will be introduced — 20% on income over 2.5 million won ($1,900) per year.
• Exchanges are required to comply with strict KYC (Know Your Customer) requirements and data transfer on transactions.
• Conditions are being created for the legalization of tokenized securities and the regulation of stablecoins.
🎯 The goal is not prohibition, but integration of cryptocurrency into the financial system with protection of user rights.
However, strict measures also provoke disputes: startups and DeFi projects fear that regulation will “stifle” innovation.
💬 South Korea is one of the most technologically advanced markets, and its model may serve as an example for other countries in Asia.
$LUNA
#cryptoakerts #binancetoday
#SouthKoreaCryptoPolicy
#BinanceAlphaAlert
🇰🇷 South Korea strengthens control over the cryptocurrency market
South Korea continues to tighten cryptocurrency regulation. Authorities are focusing on transparency and investor protection after a series of high-profile scams and project failures, including the Terra (LUNA) case.
⚖️ What is important:
• Starting from 2025, a tax on profits from cryptocurrencies will be introduced — 20% on income over 2.5 million won ($1,900) per year.
• Exchanges are required to comply with strict KYC (Know Your Customer) requirements and data transfer on transactions.
• Conditions are being created for the legalization of tokenized securities and the regulation of stablecoins.
🎯 The goal is not prohibition, but integration of cryptocurrency into the financial system with protection of user rights.
However, strict measures also provoke disputes: startups and DeFi projects fear that regulation will “stifle” innovation.
💬 South Korea is one of the most technologically advanced markets, and its model may serve as an example for other countries in Asia.
$LUNA
#cryptoakerts #binancetoday
#SouthKoreaCryptoPolicy
#BinanceAlphaAlert
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