#SouthKoreaCryptoPolicy
🇰🇷 South Korea increases pressure on the crypto market — what does it mean for traders
South Korea has long been among the top countries for crypto activity. But now the government is starting to take stricter actions. In 2025, new regulations will be introduced in the country:
📌 mandatory registration of crypto companies
📌 audit of exchanges and projects
📌 monitoring of large transactions
The goal is to combat money laundering and protect investors. But in practice, this means:
— more bureaucracy
— risk of delisting “grey” tokens
— migration of traders to DeFi
For local exchanges like Upbit or Bithumb, this is a challenge. But it is also an opportunity to “cleanse” the market.
📊 Will this benefit the overall crypto space? Perhaps. But for now — it is a restriction, not freedom.
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💬 What do you think, should the same be implemented in other countries? Or should crypto remain “wild”?