#SouthKoreaCryptoPolicy South Korea’s crypto policy emphasizes investor protection and regulated expansion:

The Virtual Asset User Protection Act (effective July 18, 2024) mandates exchanges store ≥80% of user funds in cold wallets, maintain reserves, secure insurance, and restrict privacy coins.

In 2025, authorities will phase‑in institutional access: charities & universities in H1; corporations & professional investors in H2—via real‑name accounts.

A follow‑up crypto law is expected H2 2025 to enhance transparency, disclosure standards, and stablecoin oversight.

From Jan 2025, 20% tax (+local add‑on) applies to crypto gains.