#SouthKoreaCryptoPolicy

South Korea is rapidly shaping its crypto policy, aiming to be a global digital asset hub. Recent developments include the Virtual Asset User Protection Act (VAUPA) for investor protection and a push to legalize spot crypto ETFs. Both leading presidential candidates have expressed pro-crypto stances, promising to ease regulations and integrate digital assets. While a 20% crypto gains tax is delayed until 2028, strict KYC/AML rules and real-name bank accounts for trading remain. The nation's active crypto market reflects a younger generation seeking financial mobility.