#SouthKoreaCryptoPolicy Stricter Rules, Safer Market 🔍

South Korea is tightening its grip on crypto—starting July 2024, new regulations demand all crypto execs pass fit-and-proper tests, with mandatory disclosures of token listings, delistings, and suspicious trades. 🧾

Why it matters:

✅ Boosts transparency and investor protection

❌ Limits shady tokens and rug pulls

🏛️ Strengthens government oversight in Web3

The Financial Services Commission (FSC) is serious: non-compliance can mean jail time or heavy fines.

🔐 Bottom Line: South Korea’s crypto policy is setting a new benchmark for regulation in Asia. Expect safer, more regulated markets—good for long-term trust.

📣 Will other countries follow? Stay tuned. $WCT