#SouthKoreaCryptoPolicy

South Korea is tightening crypto regulations to boost investor protection while supporting industry growth. A new law starting July 2024 enforces stricter rules on exchanges, including cold wallet storage and asset segregation. Institutional access is expanding in 2025, and stablecoin and cross-border rules are being introduced. Crypto tax has been delayed until 2027, while firms must disclose holdings. Some NFTs will be regulated as virtual assets. The government also plans to approve spot ETFs and ease banking limits, aiming to build a safe, globally-aligned crypto market.