#SouthKoreaCryptoPolicy Why South Korea Became Asia's Crypto Stronghold

South Korea is one of the most active countries in the world regarding crypto trading, and at the same time, one of the strictest in terms of regulation.

The government has already implemented mandatory verification for users, strict requirements for exchanges, and even a law on the protection of investors in digital assets, which will come into effect in 2025.

The goal is to reduce fraud and scams, but there is a nuance: innovation is stifled when rules become too strict.

While some celebrate transparency, others are relocating projects to Singapore or Abu Dhabi.

In my opinion, South Korea is a mirror of the future for crypto: if we do not balance between freedom and control, the industry will start to flee to where it is easier to breathe.