#SouthKoreaCryptoPolicy SouthKoreaCryptoPolicy
🇰🇷South Korea sets clear rules for crypto!
Starting July 2025, the Virtual Asset User Protection Act will come into force:
🔹 Enhanced investor protection
🔹 Increased oversight of crypto exchanges
🔹 Strict reserve requirements (≥ 80% in cold wallets)
👉 Binance, operating in the Korean market through Gopax (acquired in 2023), is actively preparing to fully comply with this new regulation.