#SouthKoreaCryptoPolicy

🚨 New turning point of crypto policy in South Korea! 🇰🇷💰 🇰🇷💰

Swatcharpatovoli

Today, the South Korean government has issued an important decision on the crypto market, which can be a game changer not only for local but international investors.

📌 Important points:

From now on, every company that has more than 1 billion crypto holding has to be reporting annually.

🔹 KYC (KNOW YOUR CUSTOMER) has been tightened for crypto exchanges.

It has been decided to bring more transparency and regulation on crypto trading.

The new framework will be fully implemented by the beginning of 2025.

🧠 Why is this important?

The move is an attempt to make South Korea a Crypto Center in Asia, where investment as well as protection is being given priority.

Investors should understand this policy repeatedly so that they can take full advantage of opportunities in the future.

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🔁 Share so that everyone knows how great South Korea is making in the world of crypto!

📣 What is your opinion?

Will this step forward the crypto industry or is it a major obstacle?

👇 Must comment!