Strict regulation enhances safety but may also suppress the innovative vitality of local exchanges, facing the long-term challenge of balancing safety and development.

#韩国加密政策 South Korea's cryptocurrency policy has shifted from early spontaneous market prosperity to a comprehensive and strict regulatory framework centered around the 'Virtual Asset User Protection Act.' Its core objective is to control financial risks and protect highly engaged retail investors, with features such as real-name registration showcasing the depth of regulation. How to maintain industry competitiveness and innovation space under strict regulation remains a key challenge for the South Korean government. Its experience provides important references for global cryptocurrency regulation and is worth continuous observation.
The South Korean cryptocurrency market is highly distinctive: it has a high level of retail participation and a strong speculative atmosphere, once accounting for the largest trading volume in the world. This uniqueness has profoundly influenced its policy evolution. There is optimism about the future development trends of cryptocurrency!