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#SouthKoreaCryptoPolicy South Korea is embracing a more pro-crypto stance, with the newly elected president advocating for significant reforms. The country aims to legalize spot crypto ETFs and introduce a Korean Won-backed stablecoin to curb capital flight and modernize finance. While still maintaining strict anti-money laundering (AML) and know-your-customer (KYC) regulations, South Korea is easing restrictions to foster innovation. Recent changes allow non-profits and exchanges to sell crypto under new compliance standards, and a pilot program in Q3 2025 will enable corporations and professional investors to trade on crypto platforms. A 20% capital gains tax on crypto profits is currently delayed until 2027. $
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$BTC Bitcoin ($BTC) is currently trading around $98,095, experiencing a minor recovery in the broader crypto market. Despite recent volatility and some analysts warning of potential pullbacks, others suggest a "bear trap" may have concluded, signaling a bullish reversal. Institutional adoption, particularly through Bitcoin ETFs, continues to drive interest and inflows. While the market remains sensitive to macroeconomic factors and regulatory shifts, many experts maintain a long-term bullish outlook for BTC, with some even forecasting prices significantly higher by year-end.
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$BTC اوپر جائے گا
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