#韩国加密政策 South Korea's cryptocurrency regulatory policy has recently continued to tighten, significantly impacting the crypto sector:

1. **Clear Direction for Strong Regulation**:

Implementing real-name systems for exchanges, strengthening anti-money laundering (AML) measures, cracking down on illegal activities, requiring platforms to prove reserve funds, and enhancing transparency. **Tighter policies** force non-compliant platforms to exit, leading to potential short-term liquidity pressure in the market.

2. **Prohibition on Public Officials Holding Cryptocurrency**:

Starting in 2024, public officials are prohibited from holding and trading cryptocurrencies, sending a **risk warning signal**, which may dampen some market participation enthusiasm.

3. **Restrictions on Derivatives Trading**:

Considering banning local exchanges from launching token futures and leveraged products (such as Bitget and Bybit have already delisted derivatives in Korea), **curbing speculation**, reducing market volatility but weakening trading activity.

4. **Long-term Normalization Benefits**:

Eliminating poor-quality projects and platforms, **protecting investors** and enhancing the credibility of mainstream assets. The high retail penetration rate in South Korea (frequent occurrences of "kimchi premium") means that policies have a significant emotional impact, but compliance may attract institutional funds to enter the market.

**Summary**: Short-term market fluctuations may occur (especially in KRW trading pairs), but in the long term, it promotes industry health and accelerates the trend of global regulatory cooperation. Traders need to pay attention to compliance risks and be wary of potential anomalies triggered by policy implementation leading to "kimchi premium" fluctuations. 🇰🇷⚠️